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Rakr Air Tawar (Be-43) in Besut, Terengganu recorded 0 subsale transactions in 2021, with a median price of RM 23K and a median price per square foot (PSF) of RM 14.
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 23K, with most transactions falling within a stable range of RM 16K to RM 31K, and a typical market range of RM -2,250 to RM 48K.
Most transactions involved low-cost house, with moderate diversity in property types available.
Price per square foot shows a median of RM 14, though individual units vary from RM 4 to RM 25 in the core range. The broader market spans RM 0.00 to RM 28.88, indicating diverse property characteristics. A wider spread (IQR: RM 29.75) and deviation (MAD: RM 11) 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.