BATU TIONG in Dungun, Terengganu recorded 2 subsale transactions in 2023, with a median price of RM 325K and a median price per square foot (PSF) of RM 112.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 325K, with most transactions falling within a stable range of RM 315K to RM 335K, and a typical market range of RM 316K to RM 334K.
Most transactions involved 1 - 1 1/2 storey semi-detached, with minimal variety in property types.
For price per square foot, the median is RM 112, with most transactions between RM 104 and RM 120. The usual range is RM 104.25 to RM 118.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 14.50 and an average deviation (MAD) of RM 8 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.