SRI MAKMUR in Kuantan, Pahang recorded 2 subsale transactions in 2023, with a median price of RM 350K and a median price per square foot (PSF) of RM 228.
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 350K, with most transactions falling within a stable range of RM 150K to RM 550K, and a typical market range of RM 239K to RM 461K.
Most transactions involved 2 - 2 1/2 storey semi-detached, with high diversity across multiple property types.
The median PSF stands at RM 228, with core pricing between RM 188 and RM 268. Market pricing typically extends from RM 203.50 to RM 252.50, reflecting moderate variation in unit pricing. The spread of RM 49.00 (IQR) and deviation of RM 40 (MAD) suggest moderate price variations reflecting different property features.
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.
