KUALA BESUT in Besut, Terengganu recorded 2 subsale transactions in 2022, with a median price of RM 440K and a median price per square foot (PSF) of RM 286.
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 440K, with most transactions falling within a stable range of RM 374K to RM 506K, and a typical market range of RM 397K to RM 484K.
Most transactions involved 2 - 2 1/2 storey shop, though some variety exists in the market.
The median PSF stands at RM 286, with core pricing between RM 243 and RM 329. Market pricing typically extends from RM 257.75 to RM 314.25, reflecting moderate variation in unit pricing. The spread of RM 56.50 (IQR) and deviation of RM 43 (MAD) suggest moderate price variations reflecting different property features.
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.