RAKR TAMAN PELAGAT (BE-188)

RAKR TAMAN PELAGAT (BE-188) in Besut, Terengganu recorded 4 subsale transactions in 2022, with a median price of RM 82K and a median price per square foot (PSF) of RM 69.

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 82K, with most transactions falling within a stable range of RM 72K to RM 85K, and a typical market range of RM 70K to RM 85K.

Most transactions involved low-cost house, with minimal variety in property types.

The median PSF stands at RM 69, with core pricing between RM 57 and RM 80. Market pricing typically extends from RM 59.00 to RM 78.00, reflecting moderate variation in unit pricing. The spread of RM 19.00 (IQR) and deviation of RM 12 (MAD) suggest moderate price variations reflecting different property features.

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.