|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2022 | |||||
|
Lorong Kampung Padang
|
RM 357,000
|
RM 118
|
3,014 sqft
|
|
Semi-D |
|
Lorong Kampung Padang
|
RM 407,000
|
RM 137
|
2,982 sqft
|
|
Semi-D |
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Market Snapshot
ResidentialRM 382,000
RM 127 psfMedian transaction price
Padang 16 (P/L 38893), Kuantan, Pahang
Padang 16 (P/L 38893) in Kuantan, Pahang recorded 2 subsale transactions between 2021 and 2026, sized between 2,975 and 3,024 sqft, with a median price of RM 382K and a median price per square foot (PSF) of RM 127.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 382K, with most transactions falling within a stable range of RM 357K to RM 407K, and a typical market range of RM 362K to RM 402K.
Most transactions involved 1 - 1 1/2 storey semi-detached, with minimal variety in property types.
For price per square foot, the median is RM 127, with most transactions between RM 118 and RM 137. The usual range is RM 122.48 to RM 132.48, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 10.00 and an average deviation (MAD) of RM 9 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.