PASIR AKAR

PASIR AKAR in Besut, Terengganu recorded 3 subsale transactions in 2023, with a median price of RM 68K and a median price per square foot (PSF) of RM 51.

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 68K, with most transactions falling within a stable range of RM 63K to RM 193K, and a typical market range of RM 63K to RM 102K.

Most transactions involved low-cost house, though some variety exists in the market.

Price per square foot shows a median of RM 51, though individual units vary from RM 39 to RM 63 in the core range. The broader market spans RM 50.50 to RM 51.50, indicating diverse property characteristics. The spread of RM 1.00 (IQR) and deviation of RM 12 (MAD) suggest moderate price variations reflecting different property features.

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.