| Road | Price | PSF | Size | Date | Type |
|---|
|
Feri Lama Jalan Feri Lama
|
RM 800,000
|
RM 287
|
2,788 sqft
|
|
|
|
Jalan Jakar
|
RM 800,000
|
RM 288
|
2,777 sqft
|
|
|
Riverfront Business Centre
|
RM 928,000
|
RM 192
|
4,844 sqft
|
|
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Market Snapshot
CommercialRM 800,000
RM 287 psfMedian transaction price
JALAN JAKAR, Taman Jakar, Cukai, 24000, Kemaman, Terengganu, Malaysia
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 287.
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 800K to RM 860K, and a typical market range of RM 800K to RM 916K.
Most transactions involved 2 - 2 1/2 storey shop, with moderate diversity in property types available.
The median PSF stands at RM 287, with core pricing between RM 242 and RM 332. Market pricing typically extends from RM 233.08 to RM 340.84, reflecting moderate variation in unit pricing. The spread of RM 107.75 (IQR) and deviation of RM 45 (MAD) suggest moderate price variations reflecting different property features.
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.