PEKAN KG. RAJA

PEKAN KG. RAJA in Besut, Terengganu recorded 2 subsale transactions in 2022, with a median price of RM 400K and a median price per square foot (PSF) of RM 210.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 400K, with most transactions falling within a stable range of RM 349K to RM 450K, and a typical market range of RM 349K to RM 450K.

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

For price per square foot, the median is RM 210, with most transactions between RM 200 and RM 220. The usual range is RM 127.38 to RM 292.63, showing that most units are priced quite close to each other. With an IQR of RM 165.25 and MAD of RM 10, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.