TR 63, BANDAR CHENEH BARU

TR 63, BANDAR CHENEH BARU in Kemaman, Terengganu recorded 11 Bungalow properties subsale transactions between 2021 and 2025 for bungalow properties, with a median price of RM 171K 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 171K, with most transactions falling within a stable range of RM 100K to RM 245K, and a typical market range of RM 143K to RM 200K.

Within the Bungalow category, detached dominated the market, with minimal variety in property types.

Price per square foot shows a median of RM 26, though individual units vary from RM 17 to RM 35 in the core range. The broader market spans RM 22.25 to RM 29.75, indicating diverse property characteristics. A wider spread (IQR: RM 7.50) and deviation (MAD: RM 9) indicate significant PSF variations, likely due to diverse property types or conditions.

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.