JALAN JAKAR in Kemaman, Terengganu recorded 6 subsale transactions in 2022, with a median price of RM 948K and a median price per square foot (PSF) of RM 565.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 948K, with most transactions falling within a stable range of RM 839K to RM 1.06 million, and a typical market range of RM 832K to RM 1.06 million.
Most transactions involved 3 - 3 1/2 storey shop, with moderate diversity in property types available.
The median PSF stands at RM 565, with core pricing between RM 498 and RM 631. Market pricing typically extends from RM 510.63 to RM 618.38, reflecting moderate variation in unit pricing. With an IQR of RM 107.75 and MAD of RM 67, 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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.
