RAKR DARAT BINJAI

Area Intelligence
2024
Median Price
RM 180,000
PSF: RM 137

Residential PSF Trends

Median Price

RM 180,000

PSF: RM 137

RAKR DARAT BINJAI in Kemaman, Terengganu recorded 3 subsale transactions in 2024, with a median price of RM 180K and a median price per square foot (PSF) of RM 137.

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 180K, with most transactions falling within a stable range of RM 155K to RM 205K, and a typical market range of RM 154K to RM 206K.

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

The median PSF stands at RM 137, with core pricing between RM 120 and RM 154. Market pricing typically extends from RM 117.00 to RM 157.00, reflecting moderate variation in unit pricing. With an IQR of RM 40.00 and MAD of RM 17, 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. 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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RAKR DARAT BINJAI, Kemaman, Terengganu

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