Terengganu
Besut
Kampung Raja
PEKAN KAMPUNG. RAJA

PEKAN KAMPUNG. RAJA

Area Intelligence

2022

Median Price

RM 399,500

PSF: RM 210

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Commercial PSF Trends

Median Price

RM 399,500

RM 210 PSF

PEKAN KAMPUNG. 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, though some variety exists in the market.

For price per square foot, the median is RM 210, with most transactions between RM 200 and RM 220. The usual range is RM 130.50 to RM 289.50, showing that most units are priced quite close to each other. With an IQR of RM 159.00 and MAD of RM 10, the PSF demonstrates reasonable consistency across the market.

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.

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PEKAN KAMPUNG. RAJA, Besut, Terengganu

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