Area Intelligence

PEKAN KG. RAJA

6 properties
Median Price
RM 480,000
PSF: RM 316

Commercial Market

Median Price

RM 480,000

IQR: RM 165
MAD: RM 94
RM 316 PSF 15.2%

PSF Trends (2021-2025)

PEKAN KG. RAJA in Besut, Terengganu recorded 6 subsale transactions between 2021 and 2025, with a median price of RM 480K and a median price per square foot (PSF) of RM 316.

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 480K, with most transactions falling within a stable range of RM 400K to RM 560K, and a typical market range of RM 413K to RM 548K.

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

Price per square foot shows a median of RM 316, though individual units vary from RM 222 to RM 410 in the core range. The broader market spans RM 232.88 to RM 398.13, indicating diverse property characteristics. A wider spread (IQR: RM 165.25) and deviation (MAD: RM 94) indicate significant PSF variations, likely due to diverse property types or conditions.

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.

Area Location

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PEKAN KG. RAJA, Besut, Terengganu

OSM

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Transactions

6 properties found

Double Storey Shop
JLN JERTEH-KG RAJA (BE1971)
RM 650,000
PSF: RM 408.00
Area: 1,593 sqft
Date: Aug 2024
Double Storey Shop
JLN KG RAJA/ KUALA BESUT
RM 600,000
PSF: RM 429.00
Area: 1,399 sqft
Date: Aug 2024
Double Storey Shop
JLN KG RAJA/ KUALA BESUT
RM 510,000
PSF: RM 364.00
Area: 1,399 sqft
Date: Jul 2024
Double Storey Shop
JLN KG RAJA/ KUALA BESUT (BE1016)
RM 349,000
PSF: RM 200.00
Area: 1,744 sqft
Date: Aug 2022
Double Storey Shop
JLN KG RAJA/ KUALA BESUT (BE1016)
RM 450,000
PSF: RM 220.00
Area: 2,045 sqft
Date: Jan 2022
Double Storey Shop
JLN KG RAJA/ KUALA BESUT (BE1016)
RM 440,000
PSF: RM 267.00
Area: 1,647 sqft
Date: Sep 2021