KAMPUNG. MAK CHILI in Kemaman, Terengganu recorded 6 subsale transactions in 2023, with a median price of RM 414K and a median price per square foot (PSF) of RM 88.
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 414K, with most transactions falling within a stable range of RM 384K to RM 444K, and a typical market range of RM 383K to RM 445K.
Most transactions involved 1 - 1 1/2 storey semi-detached, with high diversity across multiple property types.
The median PSF stands at RM 88, with core pricing between RM 71 and RM 106. Market pricing typically extends from RM 67.88 to RM 108.13, reflecting moderate variation in unit pricing. The spread of RM 40.25 (IQR) and deviation of RM 18 (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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.
