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Market Snapshot
ResidentialRM 145,000
RM 126 psfMedian transaction price
Rakr Kampung Fikri in Kemaman, Terengganu recorded 0 subsale transactions in 2021, with a median price of RM 145K 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 145K, with most transactions falling within a stable range of RM 128K to RM 163K, and a typical market range of RM 129K to RM 161K.
Most transactions involved low-cost house, though some variety exists in the market.
The median PSF stands at RM 126, with core pricing between RM 102 and RM 149. Market pricing typically extends from RM 102.50 to RM 148.50, reflecting moderate variation in unit pricing. The spread of RM 46.00 (IQR) and deviation of RM 24 (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.