RIVER FRONT BUSINESS CENTRE in Kemaman, Terengganu recorded 2 subsale transactions in 2024, with a median price of RM 975K and a median price per square foot (PSF) of RM 581.
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 975K, with most transactions falling within a stable range of RM 925K to RM 1.03 million, and a typical market range of RM 875K to RM 1.08 million.
Most transactions involved 3 - 3 1/2 storey shop, with moderate diversity in property types available.
The median PSF stands at RM 581, with core pricing between RM 515 and RM 647. Market pricing typically extends from RM 521.00 to RM 640.00, reflecting moderate variation in unit pricing. With an IQR of RM 119.00 and MAD of RM 66, 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.
