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Market Snapshot
ResidentialRM 625,000
RM 199 psfMedian transaction price
PASIR PANJANG - PANJI ALAM, Batu Buruk, Bukit Besar, 21100, Kuala Terengganu, Terengganu, Malaysia
Pasir Panjang - Panji Alam in Kuala Terengganu, Terengganu recorded 0 subsale transactions in 2021, with a median price of RM 625K and a median price per square foot (PSF) of RM 199.
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 625K, with most transactions falling within a stable range of RM 495K to RM 755K, and a typical market range of RM 501K to RM 749K.
Most transactions involved 2 - 2 1/2 storey semi-detached, with moderate diversity in property types available.
Price per square foot shows a median of RM 199, though individual units vary from RM 157 to RM 241 in the core range. The broader market spans RM 150.75 to RM 247.25, indicating diverse property characteristics. The spread of RM 96.50 (IQR) and deviation of RM 42 (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.