MUHIBBAH I & II in Kuantan, Pahang recorded 3 subsale transactions in 2024, with a median price of RM 300K and a median price per square foot (PSF) of RM 174.
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 300K, with most transactions falling within a stable range of RM 300K to RM 338K, and a typical market range of RM 300K to RM 375K.
Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.
For price per square foot, the median is RM 174, with most transactions between RM 170 and RM 179. The usual range is RM 145.38 to RM 202.63, showing that most units are priced quite close to each other. With an IQR of RM 57.25 and MAD of RM 5, the PSF demonstrates reasonable consistency across the market.
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.
