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 100K to RM 150K, and a typical market range of RM 98K to RM 151K.

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

The median PSF stands at RM 95, with core pricing between RM 78 and RM 112. Market pricing typically extends from RM 74.50 to RM 114.50, reflecting moderate variation in unit pricing. The spread of RM 40.00 (IQR) and deviation of RM 17 (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.