LUBOK KAWAH in Besut, Terengganu recorded 3 subsale transactions in 2024, with a median price of RM 284K and a median price per square foot (PSF) of RM 120.
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 284K, with most transactions falling within a stable range of RM 256K to RM 312K, and a typical market range of RM 250K to RM 318K.
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 120, with most transactions between RM 109 and RM 132. The usual range is RM 107.13 to RM 132.88, 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 12 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.
