Terengganu
Kemaman
Banggul
GELIGA BESAR

GELIGA BESAR

Area Intelligence

2023

Median Price

RM 510,000

PSF: RM 224

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Residential PSF Trends

Median Price

RM 370,000

PSF: RM 225

GELIGA BESAR in Kemaman, Terengganu recorded 2 subsale transactions in 2023, priced between RM 300K and RM 750K, 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 370K to RM 650K, 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.

For price per square foot, the median is RM 224, with most transactions between RM 224 and RM 225. The usual range is RM 162.41 to RM 285.91, showing that most units are priced quite close to each other. With an IQR of RM 123.50 and MAD of RM 1, the PSF demonstrates reasonable consistency across the market.

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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GELIGA BESAR, Kemaman, Terengganu

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