Area Intelligence

PEKAN WAKAF BHARU

5 properties
Median Price
RM 440,000
PSF: RM 140

Residential Market

Median Price

RM 440,000

IQR: RM 116
MAD: RM 56
RM 140 PSF 32.7%

PSF Trends (2021-2025)

PEKAN WAKAF BHARU in Tumpat, Kelantan recorded 5 subsale transactions between 2021 and 2025, with a median price of RM 440K and a median price per square foot (PSF) of RM 140.

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

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 440K, with most transactions falling within a stable range of RM 380K to RM 500K, and a typical market range of RM 380K to RM 500K.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

Price per square foot shows a median of RM 140, though individual units vary from RM 84 to RM 196 in the core range. The broader market spans RM 82.00 to RM 198.00, indicating diverse property characteristics. A wider spread (IQR: RM 116.00) and deviation (MAD: RM 56) indicate significant PSF variations, likely due to diverse property types or conditions.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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PEKAN WAKAF BHARU, Tumpat, Kelantan

OSM

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Transactions

5 properties grouped by size

1,550 sqft 1 units Double Storey Terraced
RM 380,000 PSF: RM 247
Road Price PSF Size Date
KG KULIM
RM 380,000
RM 247.00
1,539 sqft
Mar 2022
1,700 sqft 1 units Double Storey Terraced
RM 380,000 PSF: RM 225
Road Price PSF Size Date
OFF JLN CHABANG 4/WAKAF BBHARU
RM 380,000
RM 225.00
1,690 sqft
Aug 2023
3,150 sqft 1 units Double Storey Semi-D
RM 440,000 PSF: RM 140
Road Price PSF Size Date
JLN WAKAF BHARU-KUBANG BATANG
RM 440,000
RM 140.00
3,132 sqft
Mar 2024
4,600 sqft 1 units Detached
RM 500,000 PSF: RM 109
Road Price PSF Size Date
OFF JALAN WAKAF BHARU - KG BUKIT/A
RM 500,000
RM 109.00
4,585 sqft
Feb 2025
6,000 sqft 1 units Detached
RM 500,000 PSF: RM 84
Road Price PSF Size Date
OFF JLN WAKAF BHARU
RM 500,000
RM 84.00
5,985 sqft
May 2024