BUNGA RAYA

BUNGA RAYA in Kuantan, Pahang recorded 2 subsale transactions in 2024, with a median price of RM 405K and a median price per square foot (PSF) of RM 149.

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 405K, with most transactions falling within a stable range of RM 310K to RM 500K, and a typical market range of RM 314K to RM 496K.

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

The median PSF stands at RM 149, with core pricing between RM 121 and RM 176. Market pricing typically extends from RM 133.25 to RM 163.75, reflecting moderate variation in unit pricing. The spread of RM 30.50 (IQR) and deviation of RM 28 (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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.