Area Intelligence

BANDAR TASEK RAJA (PUSAT KOMERSIAL BARU)

2 properties
Double Storey Shop
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Median Price
RM 615,000
PSF: RM 386

Commercial Market

Median Price

RM 615,000

IQR: RM 291
MAD: RM 18
RM 386 PSF 25.4%

PSF Trends (2021-2025)

BANDAR TASEK RAJA (PUSAT KOMERSIAL BARU) in Pasir Mas, Kelantan recorded 2 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 615K and a median price per square foot (PSF) of RM 386.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 615K, with most transactions falling within a stable range of RM 580K to RM 650K, and a typical market range of RM 580K to RM 650K.

Within the Double Storey Shop category, 2 - 2 1/2 storey shop dominated the market, though some variety exists in the market.

For price per square foot, the median is RM 386, with most transactions between RM 377 and RM 395. The usual range is RM 240.50 to RM 531.50, showing that most units are priced quite close to each other. With an IQR of RM 291.00 and MAD of RM 9, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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BANDAR TASEK RAJA (PUSAT KOMERSIAL BARU), Pasir Mas, Kelantan

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Transactions

2 properties grouped by size

1,550 sqft 1 units Double Storey Shop
RM 580,000 PSF: RM 377
Road Price PSF Size Date
LEBUHRAYA R.PANJANG - P.MAS
RM 580,000
RM 377.00
1,539 sqft
May 2024
1,650 sqft 1 units Double Storey Shop
RM 650,000 PSF: RM 395
Road Price PSF Size Date
LEBUHRAYA P.MAS - RANTAU PANJANG
RM 650,000
RM 395.00
1,647 sqft
Aug 2022