TR 63, BANDAR CHENEH BARU

Area Intelligence
2023
Median Price
RM 195,000
PSF: RM 26

Residential PSF Trends

Median Price

RM 195,000

PSF: RM 26

TR 63, BANDAR CHENEH BARU in Kemaman, Terengganu recorded 1 subsale transactions in 2023, with a median price of RM 195K and a median price per square foot (PSF) of RM 26.

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 195K, with most transactions falling within a stable range of RM 171K to RM 219K, and a typical market range of RM 167K to RM 224K.

Most transactions involved detached, with minimal variety in property types.

The median PSF stands at RM 26, with core pricing between RM 22 and RM 30. Market pricing typically extends from RM 22.25 to RM 29.75, reflecting moderate variation in unit pricing. The spread of RM 7.50 (IQR) and deviation of RM 4 (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.

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TR 63, BANDAR CHENEH BARU, Kemaman, Terengganu

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