Kuala Besut
Commercial Transaction Prices
Kuala Besut is a township/project located in Besut, Terengganu. The median transacted price for Kuala Besut is RM 418,000 with a median transacted price of RM 250.73 per sq. ft.
Property transactions snapshot
Data shown is based on the latest 12-month available period
Median price
RM 418,000
-15.40% YoY
Lower: RM 385,860
Upper: RM 560,000
Median price per sq.ft. (psf)
RM 250.73
-21.89% YoY
Lower: RM 200.03
Upper: RM 363.82
How was this calculated?
- The Lower (25th percentile), where 25% of properties sell for a lower price.
- The Median (50th percentile), which represents the middle price point. At this point, half of the properties sell for more and half for less.
- The Upper (75th percentile), where 75% of properties sell for a lower price.
Capital growth (Year-over-Year) is another important concept. It refers to the percentage change in the median price from one year to the next.
Kuala Besut Median Price Psf
Latest Transactions from Jun 22 to May 23
(4 Transactions)
| Sales Date | Property Type | Tenure | Road | Land Area | Build Up | Unit Level | Transaction Price | Price PSF |
|---|---|---|---|---|---|---|---|---|
| May 2023 | Shop | Freehold | Jalan Bukit Keluang (be 21-95) | 1,539.24 sq.ft | 2,910.67 sq.ft | RM 560,000 | RM 364 | |
| January 2023 | Shop | Freehold | Teluk Kubor | 2,249.66 sq.ft | 2,547.60 sq.ft | RM 450,000 | RM 200 | |
| June 2022 | Shop | Leasehold | Jalan Bukit Keluang (be 21-95) | 1,539.24 sq.ft | 1,367.23 sq.ft | RM 386,000 | RM 251 | |
| June 2022 | Shop | Leasehold | N/A | 1,539.24 sq.ft | 1,367.23 sq.ft | RM 385,860 | RM 251 |
May 2023
Type: Shop
Tenure: Freehold
Road: Jalan Bukit Keluang (be 21-95)
Land Area: 1,539.24 sq.ft
Build Area: 2,910.67 sq.ft
Transaction: RM 560,000
Price PSF: RM 364
January 2023
Type: Shop
Tenure: Freehold
Road: Teluk Kubor
Land Area: 2,249.66 sq.ft
Build Area: 2,547.60 sq.ft
Transaction: RM 450,000
Price PSF: RM 200
June 2022
Type: Shop
Tenure: Leasehold
Road: Jalan Bukit Keluang (be 21-95)
Land Area: 1,539.24 sq.ft
Build Area: 1,367.23 sq.ft
Transaction: RM 386,000
Price PSF: RM 251
June 2022
Type: Shop
Tenure: Leasehold
Road: N/A
Land Area: 1,539.24 sq.ft
Build Area: 1,367.23 sq.ft
Transaction: RM 385,860
Price PSF: RM 251
Frequently Asked Questions
What factors affect commercial property prices in Kuala Besut, Besut?
Commercial property prices in Kuala Besut, Besut are affected by demand, interest rates, economic conditions, local government policies, and development in the area.
Will commercial property prices fluctuate in Kuala Besut, Besut?
Yes, prices can fluctuate depending on market conditions, economic factors, and demand in Kuala Besut, Besut.
How have commercial property prices changed recently in Kuala Besut, Besut?
In the past 12 months, commercial property prices in Kuala Besut, Besut have decreased by -15.40% YoY.
What is the median price for commercial property in Kuala Besut, Besut?
The median price for commercial property in Kuala Besut, Besut is RM 418,000.
Data Source & Disclaimer:
The transaction data provided on PropertyGenie.com.my is intended for general informational purposes only. It is sourced from the National Property Information Centre (NAPIC) and represents historical subsale property transaction prices. While we strive to ensure the data's accuracy, completeness, and reliability, PropertyGenie.com.my makes no warranties or representations as to the data's current accuracy or completeness. The information constitutes "Third Party Content" under our Website Terms. Users are advised to use this data at their own risk and consider seeking professional advice for property decisions. We disclaim liability for any errors, omissions, or inaccuracies and any loss or damage arising from reliance on this information. PropertyGenie.com.my reserves the right to update or amend the data without notice.