Area Intelligence

BANDAR PASIR MAS

4 properties
2024
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Median Price
RM 345,500
PSF: RM 115

Residential Market

Median Price

RM 345,500

IQR: RM 27
MAD: RM 26
RM 115 PSF 3.8%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 770,000

IQR: RM 180
MAD: RM 119
RM 582 PSF 36.4%

PSF Trends (2021-2025)

BANDAR PASIR MAS in Pasir Mas, Kelantan recorded 4 subsale transactions in 2024, with a median price of RM 346K and a median price per square foot (PSF) of RM 115.

This area contains both residential and commercial properties. View 5 residential properties or 3 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 346K, with most transactions falling within a stable range of RM 224K to RM 440K, and a typical market range of RM 150K to RM 440K.

Most transactions involved 3 - 3 1/2 storey shop, with high diversity across multiple property types.

Price per square foot shows a median of RM 115, though individual units vary from RM 75 to RM 155 in the core range. The broader market spans RM 0.00 to RM 300.63, indicating diverse property characteristics. A wider spread (IQR: RM 371.25) and deviation (MAD: RM 40) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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BANDAR PASIR MAS, Pasir Mas, Kelantan

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Transactions

4 properties grouped by size

1,450 sqft
1 units Single Storey Terraced
RM 150,000
JALAN TANAH MERAH-PASIR MAS
1,473 sqft · RM 102.00 PSF
Jan 2024
2,050 sqft
1 units Low-Cost House
RM 260,000
JALAN JKR PASIR MAS
2,027 sqft · RM 128.00 PSF
Feb 2024
2,400 sqft
1 units Double Storey Terraced
RM 440,000
OFF JALAN KUBANG TERAP/JLN PAS
2,422 sqft · RM 182.00 PSF
Aug 2024
6,000 sqft
1 units Detached
RM 431,000
BDR PASIR MAS;SEK;2
6,017 sqft · RM 72.00 PSF
Sep 2024