RAKR ALOR LINTANG II (BE-173) in Besut, Terengganu recorded 1 subsale transactions in 2022, with a median price of RM 60K and a median price per square foot (PSF) of RM 50.
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 60K, with most transactions falling within a stable range of RM 43K to RM 78K, and a typical market range of RM 39K to RM 81K.
Most transactions involved low-cost house, with minimal variety in property types.
Price per square foot shows a median of RM 50, though individual units vary from RM 36 to RM 65 in the core range. The broader market spans RM 34.13 to RM 65.88, indicating diverse property characteristics. A wider spread (IQR: RM 31.75) and deviation (MAD: RM 15) indicate significant PSF variations, likely due to diverse property types or conditions.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.
