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Market Snapshot
ResidentialRM 435,000
RM 94 psfMedian transaction price
Paya Apek/Balai Besar in Dungun, Terengganu recorded 0 subsale transactions in 2023, with a median price of RM 418K and a median price per square foot (PSF) of RM 103.
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 418K, with most transactions falling within a stable range of RM 378K to RM 458K, and a typical market range of RM 384K to RM 452K.
Most transactions involved 1 - 1 1/2 storey semi-detached, though some variety exists in the market.
For price per square foot, the median is RM 103, with most transactions between RM 93 and RM 113. The usual range is RM 93.00 to RM 112.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 19.00 and an average deviation (MAD) of RM 10 indicate a highly stable PSF trend across properties.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.