BANDAR TUN RAZAK BUSINESS PARK in Maran, Pahang recorded 2 subsale transactions in 2023, with a median price of RM 325K and a median price per square foot (PSF) of RM 216.
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 325K, with most transactions falling within a stable range of RM 275K to RM 375K, and a typical market range of RM 238K to RM 413K.
Most transactions involved shop unit/retail lot, though some variety exists in the market.
The median PSF stands at RM 216, with core pricing between RM 183 and RM 249. Market pricing typically extends from RM 138.50 to RM 292.50, reflecting moderate variation in unit pricing. The spread of RM 154.00 (IQR) and deviation of RM 33 (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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.