PASIR PANJANG - PANJI ALAM

PASIR PANJANG - PANJI ALAM in Kuala Terengganu, Terengganu recorded 4 subsale transactions in 2022, with a median price of RM 560K and a median price per square foot (PSF) of RM 215.

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 560K, with most transactions falling within a stable range of RM 450K to RM 650K, and a typical market range of RM 470K to RM 650K.

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

For price per square foot, the median is RM 215, with most transactions between RM 193 and RM 236. The usual range is RM 176.75 to RM 252.25, showing that most units are priced quite close to each other. With an IQR of RM 75.50 and MAD of RM 21, the PSF demonstrates reasonable consistency across the market.

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.