Area Intelligence

RIVER FRONT BUSINESS CENTRE

6 properties
3-Storey Storey Shop
Median Price
RM 1,100,000
PSF: RM 670

Commercial Market

Median Price

RM 1,100,000

IQR: RM 119
MAD: RM 66
RM 670 PSF 15.3%

PSF Trends (2021-2025)

RIVER FRONT BUSINESS CENTRE in Kemaman, Terengganu recorded 6 3-Storey Storey Shop properties subsale transactions between 2021 and 2025 for 3-storey storey shop properties, with a median price of RM 1.10 million and a median price per square foot (PSF) of RM 670.

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

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 1.10 million, with most transactions falling within a stable range of RM 1.10 million to RM 1.17 million, and a typical market range of RM 1.10 million to RM 1.20 million.

Within the 3-Storey 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 670, with most transactions between RM 621 and RM 719. The usual range is RM 610.50 to RM 729.50, showing that most units are priced quite close to each other. With an IQR of RM 119.00 and MAD of RM 49, the PSF demonstrates reasonable consistency across the market.

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.

Area Location

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RIVER FRONT BUSINESS CENTRE, Kemaman, Terengganu

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Transactions

6 properties grouped by size

1,450 sqft 1 units 3-Storey Storey Shop
RM 1,100,000 PSF: RM 751
Road Price PSF Size Date
JALAN JAKAR 1
RM 1,100,000
RM 751.00
1,464 sqft
Mar 2023
1,700 sqft 5 units 3-Storey Storey Shop
RM 1,100,000 - 1,300,000 PSF: RM 685
Road Price PSF Size Date
JALAN RAJA UDANG 1
RM 1,300,000
RM 774.00
1,679 sqft
Nov 2024
JLN RAJA UDANG 1
RM 1,150,000
RM 685.00
1,679 sqft
Nov 2023
JALAN JAKAR 1
RM 1,100,000
RM 655.00
1,679 sqft
Mar 2023
JALAN RAJA UDANG 1
RM 1,100,000
RM 655.00
1,679 sqft
Mar 2023
JLN RAJA UDANG 1
RM 1,100,000
RM 655.00
1,679 sqft
Mar 2023