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Market Snapshot
ResidentialRM 410,000
RM 71 psfMedian transaction price
KAMPUNG. PINANG MERAH, Kuala Paka, 23000, Dungun, Terengganu, Malaysia
Kampung. Pinang Merah in Dungun, Terengganu recorded 0 subsale transactions in 2023, with a median price of RM 370K and a median price per square foot (PSF) of RM 76.
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 370K, with most transactions falling within a stable range of RM 335K to RM 405K, and a typical market range of RM 338K to RM 403K.
Most transactions involved detached, though some variety exists in the market.
For price per square foot, the median is RM 76, with most transactions between RM 70 and RM 83. The usual range is RM 70.00 to RM 82.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 12.00 and an average deviation (MAD) of RM 7 indicate a highly stable PSF trend across properties.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.