ALAM MESRA RESIDEN in Kuantan, Pahang recorded 17 subsale transactions in 2022, with a median price of RM 351K and a median price per square foot (PSF) of RM 296.
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 351K, with most transactions falling within a stable range of RM 271K to RM 431K, and a typical market range of RM 287K to RM 415K.
Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 296, with core pricing between RM 242 and RM 350. Market pricing typically extends from RM 253.88 to RM 338.13, reflecting moderate variation in unit pricing. The spread of RM 84.25 (IQR) and deviation of RM 54 (MAD) suggest moderate price variations reflecting different property features.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.