Pekan Jerteh
Commercial Transaction Prices
Pekan Jerteh is a township/project located in Besut, Terengganu. The median transacted price for Pekan Jerteh is RM 765,000 with a median transacted price of RM 459.25 per sq. ft.
Property transactions snapshot
Data shown is based on the latest 12-month available period
Median price
RM 765,000
53.00% YoY
Lower: RM 500,000
Upper: RM 988,000
Median price per sq.ft. (psf)
RM 459.25
9.74% YoY
Lower: RM 332.57
Upper: RM 652.11
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.
Pekan Jerteh Median Price Psf
Latest Transactions from Nov 23 to Oct 24
(4 Transactions)
| Sales Date | Property Type | Tenure | Road | Land Area | Build Up | Unit Level | Transaction Price | Price PSF |
|---|---|---|---|---|---|---|---|---|
| October 2024 | Shop | Freehold | Pekan Jerteh | 2,970.84 sq.ft | 5,242.23 sq.ft | RM 988,000 | RM 333 | |
| February 2024 | Shop | Freehold | Jalan Pekan Jerteh | 1,599.95 sq.ft | 3,947.77 sq.ft | RM 800,000 | RM 500 | |
| February 2024 | Shop | Freehold | Off Jalan Jerteh/p.akar (p/l2791) | 1,119.45 sq.ft | 4,367.99 sq.ft | RM 730,000 | RM 652 | |
| November 2023 | Shop | Freehold | Jalan Pasar Baru | 1,194.79 sq.ft | 2,092.39 sq.ft | RM 500,000 | RM 418 |
October 2024
Type: Shop
Tenure: Freehold
Road: Pekan Jerteh
Land Area: 2,970.84 sq.ft
Build Area: 5,242.23 sq.ft
Transaction: RM 988,000
Price PSF: RM 333
February 2024
Type: Shop
Tenure: Freehold
Road: Jalan Pekan Jerteh
Land Area: 1,599.95 sq.ft
Build Area: 3,947.77 sq.ft
Transaction: RM 800,000
Price PSF: RM 500
February 2024
Type: Shop
Tenure: Freehold
Road: Off Jalan Jerteh/p.akar (p/l2791)
Land Area: 1,119.45 sq.ft
Build Area: 4,367.99 sq.ft
Transaction: RM 730,000
Price PSF: RM 652
November 2023
Type: Shop
Tenure: Freehold
Road: Jalan Pasar Baru
Land Area: 1,194.79 sq.ft
Build Area: 2,092.39 sq.ft
Transaction: RM 500,000
Price PSF: RM 418
Frequently Asked Questions
What factors affect commercial property prices in Pekan Jerteh, Besut?
Commercial property prices in Pekan Jerteh, Besut are affected by demand, interest rates, economic conditions, local government policies, and development in the area.
Will commercial property prices fluctuate in Pekan Jerteh, Besut?
Yes, prices can fluctuate depending on market conditions, economic factors, and demand in Pekan Jerteh, Besut.
How have commercial property prices changed recently in Pekan Jerteh, Besut?
In the past 12 months, commercial property prices in Pekan Jerteh, Besut have increased by 53.00% YoY.
What is the median price for commercial property in Pekan Jerteh, Besut?
The median price for commercial property in Pekan Jerteh, Besut is RM 765,000.
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.