Area Intelligence

BANDAR TASEK RAJA (PUSAT KOMERSIAL BARU)

1 properties
2024
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Median Price
RM 580,000
PSF: RM 377

Commercial Market

Median Price

RM 580,000

IQR: RM 291
MAD: RM 18
RM 377 PSF 25.4%

PSF Trends (2021-2025)

BANDAR TASEK RAJA (PUSAT KOMERSIAL BARU) in Pasir Mas, Kelantan recorded 1 subsale transactions in 2024, with a median price of RM 580K and a median price per square foot (PSF) of RM 377.

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

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved 2 - 2 1/2 storey shop, though some variety exists in the market.

For price per square foot, the median is RM 377, with most transactions between RM 377 and RM 377. The usual range is RM 231.50 to RM 522.50, showing that most units are priced quite close to each other. With an IQR of RM 291.00 and MAD of RM 0, 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

1 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