Area Intelligence

RIVER FRONT BUSINESS CENTRE

1 properties
Double Storey Shop
Median Price
RM 650,000
PSF: RM 387

Commercial Market

Median Price

RM 650,000

IQR: RM 119
MAD: RM 66
RM 387 PSF 15.3%

PSF Trends (2021-2025)

RIVER FRONT BUSINESS CENTRE in Kemaman, Terengganu recorded 1 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 650K and a median price per square foot (PSF) of RM 387.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

Within the Double Storey Shop category, 3 - 3 1/2 storey shop dominated the market, with moderate diversity in property types available.

For price per square foot, the median is RM 387, with most transactions between RM 387 and RM 387. The usual range is RM 327.50 to RM 446.50, showing that most units are priced quite close to each other. With an IQR of RM 119.00 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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RIVER FRONT BUSINESS CENTRE, Kemaman, Terengganu

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Transactions

1 properties grouped by size

1,700 sqft 1 units Double Storey Shop
RM 650,000 PSF: RM 387
Road Price PSF Size Date
JALAN RAJA UDANG 3
RM 650,000
RM 387.00
1,679 sqft
Nov 2024