| Road | Price | PSF | Size | Date | Type |
|---|
|
Off Jalan K Trg - Dungun
|
RM 180,000
|
RM 111
|
1,625 sqft
|
|
|
Off Jalan K Trg - Dungun
|
RM 155,000
|
RM 78
|
1,991 sqft
|
|
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Rakr Pulau Serai in Dungun, Terengganu recorded 2 subsale transactions in 2024, with a median price of RM 168K and a median price per square foot (PSF) of RM 94.
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 168K, with most transactions falling within a stable range of RM 155K to RM 180K, and a typical market range of RM 155K to RM 180K.
Most transactions involved low-cost house, with minimal variety in property types.
The median PSF stands at RM 94, with core pricing between RM 78 and RM 111. Market pricing typically extends from RM 55.42 to RM 133.17, reflecting moderate variation in unit pricing. The spread of RM 77.75 (IQR) and deviation of RM 16 (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.