KAMPUNG. CHACHAR in Dungun, Terengganu recorded 6 subsale transactions in 2021, with a median price of RM 225K and a median price per square foot (PSF) of RM 129.
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 225K, with most transactions falling within a stable range of RM 175K to RM 275K, and a typical market range of RM 163K to RM 288K.
Most transactions involved 1 - 1 1/2 storey semi-detached, with high diversity across multiple property types.
The median PSF stands at RM 129, with core pricing between RM 104 and RM 154. Market pricing typically extends from RM 105.25 to RM 152.75, reflecting moderate variation in unit pricing. The spread of RM 47.50 (IQR) and deviation of RM 25 (MAD) suggest moderate price variations reflecting different property features.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.
