KUALA BESUT in Besut, Terengganu recorded 1 subsale transactions in 2023, with a median price of RM 560K and a median price per square foot (PSF) of RM 364.
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 560K, with most transactions falling within a stable range of RM 494K to RM 626K, and a typical market range of RM 517K to RM 604K.
Most transactions involved 2 - 2 1/2 storey shop, though some variety exists in the market.
The median PSF stands at RM 364, with core pricing between RM 321 and RM 407. Market pricing typically extends from RM 335.75 to RM 392.25, reflecting moderate variation in unit pricing. With an IQR of RM 56.50 and MAD of RM 43, the PSF demonstrates reasonable consistency across the market.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.