Tr 63, Bandar Cheneh Baru

Tr 63, Bandar Cheneh Baru in Kemaman, Terengganu recorded 0 subsale transactions in 2021, 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 147K to RM 195K, and a typical market range of RM 143K to RM 200K.

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.

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.