PENINSULAR

PENINSULAR in Kuantan, Pahang recorded 2 subsale transactions in 2023, with a median price of RM 363K and a median price per square foot (PSF) of RM 192.

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 363K, with most transactions falling within a stable range of RM 308K to RM 418K, and a typical market range of RM 318K to RM 408K.

Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.

For price per square foot, the median is RM 192, with most transactions between RM 181 and RM 203. The usual range is RM 185.00 to RM 198.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 13.00 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.