Terengganu
Kemaman
Binjai
RAKR DARAT BINJAI

RAKR DARAT BINJAI

Area Intelligence

2024

Median Price

RM 180,000

PSF: RM 137

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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 173K to RM 187K, and a typical market range of RM 170K to RM 188K.

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

Price per square foot shows a median of RM 137, though individual units vary from RM 96 to RM 178 in the core range. The broader market spans RM 117.00 to RM 157.00, indicating diverse property characteristics. A wider spread (IQR: RM 40.00) and deviation (MAD: RM 41) indicate significant PSF variations, likely due to diverse property types or conditions.

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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