RAKR DARAT BINJAI

RAKR DARAT BINJAI in Kemaman, Terengganu recorded 4 subsale transactions in 2023, with a median price of RM 125K and a median price per square foot (PSF) of RM 95.

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 125K, with most transactions falling within a stable range of RM 105K to RM 153K, and a typical market range of RM 105K to RM 151K.

Most transactions involved low-cost house, with minimal variety in property types.

Price per square foot shows a median of RM 95, though individual units vary from RM 73 to RM 116 in the core range. The broader market spans RM 74.50 to RM 114.50, indicating diverse property characteristics. The spread of RM 40.00 (IQR) and deviation of RM 21 (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.