TAMAN SRI SETONGKOL 2 in Kuantan, Pahang recorded 2 subsale transactions in 2023, with a median price of RM 263K and a median price per square foot (PSF) of RM 199.
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 263K, with most transactions falling within a stable range of RM 203K to RM 323K, and a typical market range of RM 211K to RM 314K.
Most transactions involved low-cost house, with high diversity across multiple property types.
For price per square foot, the median is RM 199, with most transactions between RM 182 and RM 216. The usual range is RM 179.25 to RM 217.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 38.50 and an average deviation (MAD) of RM 17 indicate a highly stable PSF trend across properties.
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.
