Area Intelligence

SURA GATE BUSINESS CENTRE

5 properties
2022
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Median Price
RM 580,000
PSF: RM 414

Commercial Market

Median Price

RM 580,000

IQR: RM 46
MAD: RM 25
RM 414 PSF

PSF Trends (2021-2025)

SURA GATE BUSINESS CENTRE in Dungun, Terengganu recorded 5 subsale transactions in 2022, with a median price of RM 580K and a median price per square foot (PSF) of RM 414.

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 580K, with most transactions falling within a stable range of RM 530K to RM 837K, and a typical market range of RM 530K to RM 748K.

Most transactions involved 2 - 2 1/2 storey shop, though some variety exists in the market.

Price per square foot shows a median of RM 414, though individual units vary from RM 230 to RM 598 in the core range. The broader market spans RM 390.88 to RM 437.13, indicating diverse property characteristics. A wider spread (IQR: RM 46.25) and deviation (MAD: RM 184) 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. Significant price variations suggest comparing multiple properties and timing the market carefully. 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

5 properties grouped by size

1,400 sqft 5 units
RM 530,000 - 1,200,000 PSF: RM 492
Road Type Price PSF Size Date
JLN DUNGUN - PAKA
3-Storey Storey Shop
RM 1,200,000
RM 858.00
1,399 sqft
Dec 2022
OFF JLN SURA GATE
Double Storey Shop
RM 580,000
RM 414.00
1,399 sqft
Nov 2022
OFF JLN SURA GATE
Double Storey Shop
RM 530,000
RM 379.00
1,399 sqft
Sep 2022
OFF JLN SURA GATE
Double Storey Shop
RM 530,000
RM 379.00
1,399 sqft
Feb 2022
OFF JLN SURA GATE
Double Storey Shop
RM 600,000
RM 429.00
1,399 sqft
Jan 2022