LUBOK KAWAH

LUBOK KAWAH in Besut, Terengganu recorded 7 subsale transactions in 2023, with a median price of RM 315K and a median price per square foot (PSF) of RM 135.

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 315K, with most transactions falling within a stable range of RM 273K to RM 340K, and a typical market range of RM 281K to RM 340K.

Most transactions involved 1 - 1 1/2 storey semi-detached, with moderate diversity in property types available.

For price per square foot, the median is RM 135, with most transactions between RM 122 and RM 148. The usual range is RM 122.13 to RM 147.88, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 25.75 and an average deviation (MAD) of RM 13 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.