DARAT RAJAWALI in Dungun, Terengganu recorded 2 subsale transactions in 2024, with a median price of RM 283K and a median price per square foot (PSF) of RM 90.
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 283K, with most transactions falling within a stable range of RM 230K to RM 335K, and a typical market range of RM 213K to RM 352K.
Most transactions involved 1 - 1 1/2 storey semi-detached, with moderate diversity in property types available.
The median PSF stands at RM 90, with core pricing between RM 76 and RM 104. Market pricing typically extends from RM 78.50 to RM 101.50, reflecting moderate variation in unit pricing. The spread of RM 23.00 (IQR) and deviation of RM 14 (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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.
