JALAN JAKAR in Kemaman, Terengganu recorded 3 subsale transactions in 2023, with a median price of RM 800K and a median price per square foot (PSF) of RM 546.
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 800K, with most transactions falling within a stable range of RM 691K to RM 909K, and a typical market range of RM 684K to RM 916K.
Most transactions involved 3 - 3 1/2 storey shop, with moderate diversity in property types available.
The median PSF stands at RM 546, with core pricing between RM 480 and RM 613. Market pricing typically extends from RM 492.13 to RM 599.88, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.