Terengganu
Kemaman
Cukai
RIVER FRONT BUSINESS CENTRE

RIVER FRONT BUSINESS CENTRE

Area Intelligence

2023

Median Price

RM 1,100,000

PSF: RM 685

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Commercial PSF Trends

Median Price

RM 1,100,000

RM 685 PSF

RIVER FRONT BUSINESS CENTRE in Kemaman, Terengganu recorded 7 subsale transactions in 2023, with a median price of RM 1.10 million and a median price per square foot (PSF) of RM 685.

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 1.74 million, and a typical market range of RM 1.10 million to RM 1.20 million.

Most transactions involved 3 - 3 1/2 storey shop, with moderate diversity in property types available.

The median PSF stands at RM 685, with core pricing between RM 577 and RM 793. Market pricing typically extends from RM 625.50 to RM 744.50, reflecting moderate variation in unit pricing. The spread of RM 119.00 (IQR) and deviation of RM 108 (MAD) suggest moderate price variations reflecting different property features.

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.

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RIVER FRONT BUSINESS CENTRE, Kemaman, Terengganu

OSM

Track location

Transactions

7 transactions found

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

Clear

Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

Min Size (sqft)

Max Size (sqft)

Clear

RM 1,150,000

JALAN RAJA UDANG 1

1,679 sqft • RM 685.00 PSF

Nov 2023

RM 2,850,000

JALAN JAKAR 1

3,122 sqft • RM 913.00 PSF

Nov 2023

RM 1,100,000

JALAN JAKAR 1

1,679 sqft • RM 655.00 PSF

Mar 2023

RM 1,100,000

JALAN JAKAR 1

1,464 sqft • RM 751.00 PSF

Mar 2023

RM 1,100,000

JALAN RAJA UDANG 1

1,679 sqft • RM 655.00 PSF

Mar 2023

RM 1,100,000

JALAN RAJA UDANG 1

1,679 sqft • RM 655.00 PSF

Mar 2023

RM 2,050,000

JALAN JAKAR 1

2,271 sqft • RM 903.00 PSF

Mar 2023

Road	Price	Land PSF	Land	Date	Type
JALAN RAJA UDANG 1	RM 1,150,000	RM 685.00	1,679 sqft	Nov 2023	3-Storey Shop
JALAN JAKAR 1	RM 2,850,000	RM 913.00	3,122 sqft	Nov 2023	4-Storey Shop
JALAN JAKAR 1	RM 1,100,000	RM 655.00	1,679 sqft	Mar 2023	3-Storey Shop
JALAN JAKAR 1	RM 1,100,000	RM 751.00	1,464 sqft	Mar 2023	3-Storey Shop
JALAN RAJA UDANG 1	RM 1,100,000	RM 655.00	1,679 sqft	Mar 2023	3-Storey Shop
JALAN RAJA UDANG 1	RM 1,100,000	RM 655.00	1,679 sqft	Mar 2023	3-Storey Shop
JALAN JAKAR 1	RM 2,050,000	RM 903.00	2,271 sqft	Mar 2023	4-Storey Shop