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Market Snapshot
ResidentialRM 262,500
RM 337 psfMedian transaction price
CARNATION PARK, Tanah Rata, Cameron Highland, Pahang, Malaysia
Carnation Park in Cameron Highland, Pahang recorded 2 subsale transactions in 2024, with a median price of RM 263K and a median price per square foot (PSF) of RM 337.
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 263K, with most transactions falling within a stable range of RM 260K to RM 265K, and a typical market range of RM 260K to RM 265K.
Most transactions involved condominium/apartment, though some variety exists in the market.
For price per square foot, the median is RM 337, with most transactions between RM 318 and RM 357. The usual range is RM 321.81 to RM 352.81, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 31.00 and an average deviation (MAD) of RM 19 indicate a highly stable PSF trend across properties.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.