| Road | Price | PSF | Size | Date | Type |
|---|
|
Lorong Padang Maju 2
|
RM 850,000
|
RM 211
|
4,036 sqft
|
|
|
|
Lorong Padang Maju 1
|
RM 940,000
|
RM 233
|
4,036 sqft
|
|
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P/Lot 2069 Kampungpadang in Kuantan, Pahang recorded 2 subsale transactions in 2023, with a median price of RM 895K and a median price per square foot (PSF) of RM 222.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 895K, with most transactions falling within a stable range of RM 850K to RM 940K, and a typical market range of RM 873K to RM 918K.
Most transactions involved 3 - 3 1/2 storey shop, with minimal variety in property types.
For price per square foot, the median is RM 222, with most transactions between RM 211 and RM 233. The usual range is RM 205.48 to RM 237.98, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 32.50 and an average deviation (MAD) of RM 11 indicate a highly stable PSF trend across properties.
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. Limited transaction history suggests carefully evaluating comparable sales data.