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Market Snapshot
CommercialRM 590,000
RM 397 psfMedian transaction price
SURA GATE BUSINESS CENTRE, Kampung Teluk Lipat, Sura, Dungun, Terengganu, Malaysia
Sura Gate Business Centre in Dungun, Terengganu recorded 0 subsale transactions in 2024, with a median price of RM 590K and a median price per square foot (PSF) of RM 397.
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 590K, with most transactions falling within a stable range of RM 530K to RM 650K, and a typical market range of RM 423K to RM 758K.
Most transactions involved 2 - 2 1/2 storey shop, though some variety exists in the market.
For price per square foot, the median is RM 397, with most transactions between RM 372 and RM 422. The usual range is RM 373.38 to RM 419.63, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 46.25 and an average deviation (MAD) of RM 25 indicate a highly stable PSF trend across properties.
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.