PPAM MUTIARA, BUKIT ABAL

PPAM MUTIARA, BUKIT ABAL in Pasir Puteh, Kelantan recorded 12 subsale transactions in 2022, with a median price of RM 177K and a median price per square foot (PSF) of RM 126.

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 177K, with most transactions falling within a stable range of RM 122K to RM 239K, and a typical market range of RM 137K to RM 217K.

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

Price per square foot shows a median of RM 126, though individual units vary from RM 80 to RM 172 in the core range. The broader market spans RM 95.50 to RM 156.50, indicating diverse property characteristics. A wider spread (IQR: RM 61.00) and deviation (MAD: RM 46) 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.