PADANG 16 (P/L 38893)

PADANG 16 (P/L 38893) in Kuantan, Pahang recorded 11 subsale transactions in 2022, with a median price of RM 357K and a median price per square foot (PSF) of RM 123.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 357K, with most transactions falling within a stable range of RM 333K to RM 381K, and a typical market range of RM 337K to RM 377K.

Most transactions involved 1 - 1 1/2 storey semi-detached, with minimal variety in property types.

For price per square foot, the median is RM 123, with most transactions between RM 116 and RM 130. The usual range is RM 118.00 to RM 128.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 10.00 and an average deviation (MAD) of RM 7 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.