KG. JAYA

KG. JAYA in Kemaman, Terengganu recorded 2 subsale transactions in 2023, with a median price of RM 360K and a median price per square foot (PSF) of RM 106.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 360K, with most transactions falling within a stable range of RM 350K to RM 370K, and a typical market range of RM 350K to RM 370K.

Most transactions involved 1 - 1 1/2 storey semi-detached, with minimal variety in property types.

The median PSF stands at RM 106, with core pricing between RM 87 and RM 125. Market pricing typically extends from RM 97.38 to RM 114.63, reflecting moderate variation in unit pricing. The spread of RM 17.25 (IQR) and deviation of RM 19 (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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.