JALAN SULTAN MAHMUD in Kuala Terengganu, Terengganu recorded 1 subsale transactions in 2023, with a median price of RM 399K and a median price per square foot (PSF) of RM 322.
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 399K, with most transactions falling within a stable range of RM -151,500 to RM 950K, and a typical market range of RM 124K to RM 674K.
Most transactions involved shop unit/retail lot, with moderate diversity in property types available.
Price per square foot shows a median of RM 322, though individual units vary from RM 64 to RM 581 in the core range. The broader market spans RM 192.75 to RM 451.25, 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.
