| Road | Price | PSF | Size | Date | Type |
|---|
|
Off Jerteh-Jabi
|
RM 200,000
|
RM 164
|
1,216 sqft
|
|
Terrace |
|
Jalan Jabi / Kt
|
RM 139,000
|
RM 114
|
1,216 sqft
|
|
LC House |
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Taman Rakyat Harmoni (Be/2-03) in Besut, Terengganu recorded 2 subsale transactions in 2022, with a median price of RM 170K and a median price per square foot (PSF) of RM 139.
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 170K, with most transactions falling within a stable range of RM 139K to RM 200K, and a typical market range of RM 139K to RM 200K.
Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 139, with core pricing between RM 114 and RM 164. Market pricing typically extends from RM 124.85 to RM 153.85, reflecting moderate variation in unit pricing. The spread of RM 29.00 (IQR) and deviation of RM 25 (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.