Rakr Taman Pelagat (Be-188)

Terengganu, Besut, Pelagat

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Market Snapshot

Residential

RM80,000

RM58 psf

Median transaction price

Rakr Taman Pelagat (Be-188) in Besut, Terengganu recorded 0 subsale transactions in 2021, with a median price of RM80K and a median price per square foot (PSF) of RM58.

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 RM80K, with most transactions falling within a stable range of RM68K to RM93K, and a typical market range of RM68K to RM92K.

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

The median PSF stands at RM58, with core pricing between RM49 and RM67. Market pricing typically extends from RM48.38 to RM66.63, reflecting moderate variation in unit pricing. The spread of RM18.25 (IQR) and deviation of RM9 (MAD) suggest moderate price variations reflecting different property features.

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.