PASIR PANJANG - PANJI ALAM

PASIR PANJANG - PANJI ALAM in Kuala Terengganu, Terengganu recorded 8 subsale transactions in 2023, with a median price of RM 750K and a median price per square foot (PSF) of RM 217.

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 750K, with most transactions falling within a stable range of RM 491K to RM 1.01 million, and a typical market range of RM 660K to RM 840K.

Most transactions involved 2 - 2 1/2 storey semi-detached, though some variety exists in the market.

Price per square foot shows a median of RM 217, though individual units vary from RM 123 to RM 311 in the core range. The broader market spans RM 179.25 to RM 254.75, indicating diverse property characteristics. A wider spread (IQR: RM 75.50) and deviation (MAD: RM 94) 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.