Area Intelligence

KAWASAN PENGKALAN NYIREH

2 properties
2024
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Median Price
RM 145,000
PSF: RM 70

Residential Market

Median Price

RM 145,000

IQR: RM 34
MAD: RM 27
RM 70 PSF 30.2%

PSF Trends (2021-2025)

KAWASAN PENGKALAN NYIREH in Besut, Terengganu recorded 2 subsale transactions in 2024, with a median price of RM 145K and a median price per square foot (PSF) of RM 70.

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 145K, with most transactions falling within a stable range of RM 110K to RM 180K, and a typical market range of RM 110K to RM 180K.

Most transactions involved detached, with high diversity across multiple property types.

Price per square foot shows a median of RM 70, though individual units vary from RM 51 to RM 88 in the core range. The broader market spans RM 52.50 to RM 86.50, indicating diverse property characteristics. A wider spread (IQR: RM 34.00) and deviation (MAD: RM 19) 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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KAWASAN PENGKALAN NYIREH, Besut, Terengganu

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Transactions

2 properties grouped by size

1,250 sqft 1 units Low-Cost House
RM 110,000 PSF: RM 88
Road Price PSF Size Date
OFF JLN PENG.NYIREH-BT KELUANG
RM 110,000
RM 88.00
1,249 sqft
Nov 2024
3,500 sqft 1 units Detached
RM 180,000 PSF: RM 51
Road Price PSF Size Date
OFF JLN KG RAJA-KUALA BESUT
RM 180,000
RM 51.00
3,498 sqft
Aug 2024