|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2022 | |||||
|
Lorong Balok Perdana 3/3
|
RM 283,000
|
RM 198
|
1,432 sqft
|
|
1-Sty Shop |
|
Kedai Balok Perdana Zon 2A
|
RM 124,000
|
RM 320
|
388 sqft
|
|
1-Sty Shop |
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Market Snapshot
CommercialRM 203,500
RM 259 psfMedian transaction price
Balok Perdana Zon 2A in Kuantan, Pahang recorded 2 subsale transactions in 2022, with a median price of RM 204K and a median price per square foot (PSF) of RM 259.
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 204K, with most transactions falling within a stable range of RM 124K to RM 283K, and a typical market range of RM 124K to RM 283K.
Most transactions involved 1 - 1 1/2 storey shop, though some variety exists in the market.
Price per square foot shows a median of RM 259, though individual units vary from RM 198 to RM 320 in the core range. The broader market spans RM 232.09 to RM 285.59, indicating diverse property characteristics. The spread of RM 53.50 (IQR) and deviation of RM 61 (MAD) suggest moderate price variations reflecting different property features.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.