PADANG LUAS

Area Intelligence
2022
Median Price
RM 292,500
PSF: RM 171

Residential PSF Trends

Median Price

RM 292,500

PSF: RM 171

PADANG LUAS in Besut, Terengganu recorded 4 subsale transactions in 2022, with a median price of RM 293K and a median price per square foot (PSF) of RM 171.

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 293K, with most transactions falling within a stable range of RM 213K to RM 372K, and a typical market range of RM 240K to RM 345K.

Most transactions involved detached, with high diversity across multiple property types.

Price per square foot shows a median of RM 171, though individual units vary from RM 122 to RM 219 in the core range. The broader market spans RM 147.50 to RM 193.50, indicating diverse property characteristics. A wider spread (IQR: RM 46.00) and deviation (MAD: RM 49) indicate significant PSF variations, likely due to diverse property types or conditions.

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.

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PADANG LUAS, Besut, Terengganu

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Transactions

4 transactions grouped by size

1,500 sqft
Double Storey Terraced
RM 345,000
JALAN JERTEH - KOTA BHARU
1,496 sqft · RM 231 PSF
1,650 sqft
Single Storey Terraced
RM 190,000
JALAN JERTEH - KOTA BHARU
1,668 sqft · RM 114 PSF
1,800 sqft
Single Storey Terraced
RM 240,000
JALAN JERTEH - KOTA BHARU
1,798 sqft · RM 134 PSF
1,850 sqft
Double Storey Terraced
RM 388,000
JALAN JERTEH - KOTA BHARU
1,873 sqft · RM 207 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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