Area Intelligence

SURA GATE BUSINESS CENTRE

2 properties
2023
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Median Price
RM 1,125,000
PSF: RM 890

Commercial Market

Median Price

RM 1,125,000

IQR: RM 348
MAD: RM 122
RM 890 PSF 31.3%

PSF Trends (2021-2025)

SURA GATE BUSINESS CENTRE in Dungun, Terengganu recorded 2 subsale transactions in 2023, with a median price of RM 1.13 million and a median price per square foot (PSF) of RM 890.

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 1.13 million, with most transactions falling within a stable range of RM 750K to RM 1.50 million, and a typical market range of RM 913K to RM 1.34 million.

Most transactions involved 2 - 2 1/2 storey shop, with high diversity across multiple property types.

Price per square foot shows a median of RM 890, though individual units vary from RM 524 to RM 1,255 in the core range. The broader market spans RM 715.38 to RM 1,063.63, indicating diverse property characteristics. A wider spread (IQR: RM 348.25) and deviation (MAD: RM 366) 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.

Area Location

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SURA GATE BUSINESS CENTRE, Dungun, Terengganu

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Transactions

2 properties found

4-Storey Storey Shop
JALAN SURA GATE
RM 1,500,000
PSF: RM 1,255.00
Area: 1,195 sqft
Date: Nov 2023
Double Storey Shop
JALAN SURA GATE
RM 750,000
PSF: RM 524.00
Area: 1,432 sqft
Date: May 2023