Kampung PADANG 1

KAMPUNG PADANG 1 in Kuantan, Pahang recorded 22 subsale transactions in 2023, with a median price of RM 160K and a median price per square foot (PSF) of RM 155.

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 160K, with most transactions falling within a stable range of RM 135K to RM 186K, and a typical market range of RM 145K to RM 175K.

Most transactions involved low-cost house, with minimal variety in property types.

The median PSF stands at RM 155, with core pricing between RM 125 and RM 185. Market pricing typically extends from RM 141.13 to RM 168.88, reflecting moderate variation in unit pricing. The spread of RM 27.75 (IQR) and deviation of RM 30 (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. The consistent property type and stable pricing make it easier to assess value and compare trends. Moderate transaction volume may require patience when buying or selling.