SURA GATE BUSINESS CENTRE in Dungun, Terengganu recorded 2 subsale transactions in 2024, with a median price of RM 875K and a median price per square foot (PSF) of RM 611.
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 875K, with most transactions falling within a stable range of RM 700K to RM 1.05 million, and a typical market range of RM 663K to RM 1.09 million.
Most transactions involved 2 - 2 1/2 storey shop, with high diversity across multiple property types.
The median PSF stands at RM 611, with core pricing between RM 489 and RM 733. Market pricing typically extends from RM 436.88 to RM 785.13, reflecting moderate variation in unit pricing. The spread of RM 348.25 (IQR) and deviation of RM 122 (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.
