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Pekan Jerteh, Besut, Terengganu
Pekan Jerteh in Besut, Terengganu recorded 0 subsale transactions in 2021, with a median price of RM 800K and a median price per square foot (PSF) of RM 357.
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 800K, with most transactions falling within a stable range of RM 612K to RM 988K, and a typical market range of RM 678K to RM 922K.
Most transactions involved 2 - 2 1/2 storey shop, though some variety exists in the market.
For price per square foot, the median is RM 357, with most transactions between RM 333 and RM 381. The usual range is RM 315.25 to RM 398.75, showing that most units are priced quite close to each other. With an IQR of RM 83.50 and MAD of RM 24, the PSF demonstrates reasonable consistency across the market.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.