GELIGA BESAR in Kemaman, Terengganu recorded 2 subsale transactions in 2023, with a median price of RM 510K and a median price per square foot (PSF) of RM 318.
This area contains both residential and commercial properties. View 10 residential properties or 2 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 510K, with most transactions falling within a stable range of RM 439K to RM 582K, and a typical market range of RM 436K to RM 584K.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 318, with core pricing between RM 259 and RM 377. Market pricing typically extends from RM 256.25 to RM 379.75, reflecting moderate variation in unit pricing. The spread of RM 123.50 (IQR) and deviation of RM 59 (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.
