PELANGKAH in Pekan, Pahang recorded 3 subsale transactions in 2023, with a median price of RM 134K and a median price per square foot (PSF) of RM 121.
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 134K, with most transactions falling within a stable range of RM 103K to RM 160K, and a typical market range of RM 112K to RM 156K.
Most transactions involved low-cost house, though some variety exists in the market.
Price per square foot shows a median of RM 121, though individual units vary from RM 84 to RM 158 in the core range. The broader market spans RM 111.00 to RM 131.00, indicating diverse property characteristics. A wider spread (IQR: RM 20.00) and deviation (MAD: RM 37) indicate significant PSF variations, likely due to diverse property types or conditions.
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.
