PERMATANG SHAHBANDAR II in Maran, Pahang recorded 20 subsale transactions in 2023, with a median price of RM 386K and a median price per square foot (PSF) of RM 103.
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 386K, with most transactions falling within a stable range of RM 356K to RM 250K, and a typical market range of RM 337K to RM 250K.
Most transactions involved 1 - 1 1/2 storey semi-detached, though some variety exists in the market.
For price per square foot, the median is RM 103, with most transactions between RM 96 and RM 110. The usual range is RM 85.38 to RM 120.63, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 35.25 and an average deviation (MAD) of RM 7 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. Moderate transaction volume may require patience when buying or selling.