Area Intelligence

PEKAN JERTEH

2 properties
Double Storey Shop
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Median Price
RM 744,000
PSF: RM 345

Commercial Market

Median Price

RM 744,000

IQR: RM 84
MAD: RM 24
RM 345 PSF 8.0%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

PEKAN JERTEH in Besut, Terengganu recorded 2 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 744K and a median price per square foot (PSF) of RM 345.

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 744K, with most transactions falling within a stable range of RM 500K to RM 988K, and a typical market range of RM 622K to RM 866K.

Within the Double Storey Shop category, 2 - 2 1/2 storey shop dominated the market, though some variety exists in the market.

For price per square foot, the median is RM 345, with most transactions between RM 333 and RM 357. The usual range is RM 303.25 to RM 386.75, showing that most units are priced quite close to each other. With an IQR of RM 83.50 and MAD of RM 12, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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PEKAN JERTEH, Besut, Terengganu

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Transactions

2 properties grouped by size

1,400 sqft 1 units Double Storey Shop
RM 500,000 PSF: RM 357
Road Price PSF Size Date
PEKAN JERTEH
RM 500,000
RM 357.00
1,399 sqft
Mar 2022
2,950 sqft 1 units Double Storey Shop
RM 988,000 PSF: RM 333
Road Price PSF Size Date
PEKAN JERTEH
RM 988,000
RM 333.00
2,971 sqft
Oct 2024