Area Intelligence

RIVER FRONT BUSINESS CENTRE

2 properties
4-Storey Storey Shop
Median Price
RM 2,450,000
PSF: RM 908

Commercial Market

Median Price

RM 2,450,000

IQR: RM 119
MAD: RM 66
RM 908 PSF 15.3%

PSF Trends (2021-2025)

RIVER FRONT BUSINESS CENTRE in Kemaman, Terengganu recorded 2 4-Storey Storey Shop properties subsale transactions between 2021 and 2025 for 4-storey storey shop properties, with a median price of RM 2.45 million and a median price per square foot (PSF) of RM 908.

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 2.45 million, with most transactions falling within a stable range of RM 2.05 million to RM 2.85 million, and a typical market range of RM 2.35 million to RM 2.55 million.

Within the 4-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 908, with most transactions between RM 903 and RM 913. The usual range is RM 848.50 to RM 967.50, showing that most units are priced quite close to each other. With an IQR of RM 119.00 and MAD of RM 5, 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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. 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

2 properties grouped by size

2,250 sqft 1 units 4-Storey Storey Shop
RM 2,050,000 PSF: RM 903
Road Price PSF Size Date
JALAN JAKAR 1
RM 2,050,000
RM 903.00
2,271 sqft
Mar 2023
3,100 sqft 1 units 4-Storey Storey Shop
RM 2,850,000 PSF: RM 913
Road Price PSF Size Date
JALAN JAKAR 1
RM 2,850,000
RM 913.00
3,122 sqft
Nov 2023