Residential Market
Median Price
RM 290,000
PSF Trends (2021-2025)
TMN SRI MEKAR in Kemaman, Terengganu recorded 1 subsale transactions in 2022, with a median price of RM 290K and a median price per square foot (PSF) of RM 114.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.
For price per square foot, the median is RM 114, with most transactions between RM 114 and RM 114. The usual range is RM 97.25 to RM 130.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 33.50 and an average deviation (MAD) of RM 0 indicate a highly stable PSF trend across properties.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.
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Transactions
1 properties found
Type
|
Road
|
Price
|
PSF
|
Area
|
Date
|
---|---|---|---|---|---|
Double Storey Terraced |
JLN TOK KAPOR
|
RM 290,000
|
RM 114.00
|
2,540 sqft
|
Feb 2022
|