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Rakr Gong Limau in Kemaman, Terengganu recorded 0 subsale transactions in 2021, with a median price of RM 150K and a median price per square foot (PSF) of RM 126.
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 150K, with most transactions falling within a stable range of RM 128K to RM 172K, and a typical market range of RM 133K to RM 167K.
Most transactions involved low-cost house, with minimal variety in property types.
For price per square foot, the median is RM 126, with most transactions between RM 115 and RM 137. The usual range is RM 116.75 to RM 135.25, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 18.50 and an average deviation (MAD) of RM 11 indicate a highly stable PSF trend across properties.
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.