SUSUNATUR SUNGAI TONG (SE 7-02) in Setiu, Terengganu recorded 4 subsale transactions in 2022, with a median price of RM 70K and a median price per square foot (PSF) of RM 40.
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 70K, with most transactions falling within a stable range of RM 68K to RM 72K, and a typical market range of RM 57K to RM 83K.
Most transactions involved low-cost house, though some variety exists in the market.
The median PSF stands at RM 40, with core pricing between RM 34 and RM 46. Market pricing typically extends from RM 28.75 to RM 50.25, reflecting moderate variation in unit pricing. The spread of RM 21.50 (IQR) and deviation of RM 6 (MAD) suggest moderate price variations reflecting different property features.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.