Area Intelligence

JALAN SULTAN MAHMUD

2 properties
Median Price
RM 949,500
PSF: RM 581

Commercial Market

Median Price

RM 949,500

IQR: RM 259
MAD: RM 259
RM 581 PSF 61.6%

PSF Trends (2021-2025)

JALAN SULTAN MAHMUD in Kuala Terengganu, Terengganu recorded 2 subsale transactions between 2021 and 2025, with a median price of RM 950K and a median price per square foot (PSF) of RM 581.

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 950K, with most transactions falling within a stable range of RM 399K to RM 1.50 million, and a typical market range of RM 674K to RM 1.22 million.

Most transactions involved 3 - 3 1/2 storey shop, with moderate diversity in property types available.

Price per square foot shows a median of RM 581, though individual units vary from RM 322 to RM 839 in the core range. The broader market spans RM 451.25 to RM 709.75, indicating diverse property characteristics. A wider spread (IQR: RM 258.50) and deviation (MAD: RM 259) 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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JALAN SULTAN MAHMUD, Kuala Terengganu, Terengganu

OSM

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Transactions

2 properties grouped by size

1,250 sqft 1 units Shop/Retail Lot
RM 399,000 PSF: RM 322
Price PSF Size Date
RM 399,000
RM 322.00
1,238 sqft
Nov 2023
1,800 sqft 1 units 3-Storey Storey Shop
RM 1,500,000 PSF: RM 839
Road Price PSF Size Date
JLN SULTAN MAHMUD
RM 1,500,000
RM 839.00
1,787 sqft
Dec 2022