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 224.
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.
Price per square foot shows a median of RM 224, though individual units vary from RM 165 to RM 283 in the core range. The broader market spans RM 162.41 to RM 285.91, indicating diverse property characteristics. A wider spread (IQR: RM 123.50) and deviation (MAD: RM 59) indicate significant PSF variations, likely due to diverse property types or conditions.
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.
