BANDAR BARU BUKIT MENTOK in Kemaman, Terengganu recorded 22 subsale transactions in 2023, with a median price of RM 217K and a median price per square foot (PSF) of RM 125.
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 217K, with most transactions falling within a stable range of RM 188K to RM 245K, and a typical market range of RM 191K to RM 242K.
Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.
The median PSF stands at RM 125, with core pricing between RM 110 and RM 140. Market pricing typically extends from RM 106.75 to RM 142.25, reflecting moderate variation in unit pricing. With an IQR of RM 35.50 and MAD of RM 15, 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. Moderate price stability provides a balanced market for both buyers and sellers. Moderate transaction volume may require patience when buying or selling.