BATU 5/BATU 7 in Dungun, Terengganu recorded 14 subsale transactions in 2023, with a median price of RM 446K and a median price per square foot (PSF) of RM 146.
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 446K, with most transactions falling within a stable range of RM 446K to RM 497K, and a typical market range of RM 446K to RM 590K.
Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 146, with core pricing between RM 119 and RM 172. Market pricing typically extends from RM 89.75 to RM 201.25, reflecting moderate variation in unit pricing. The spread of RM 111.50 (IQR) and deviation of RM 26 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.
