KAMPUNG. IBOK in Kemaman, Terengganu recorded 1 subsale transactions in 2024, with a median price of RM 220K and a median price per square foot (PSF) of RM 11.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 220K, with most transactions falling within a stable range of RM 200K to RM 241K, and a typical market range of RM 203K to RM 237K.
Most transactions involved 1 - 1 1/2 storey semi-detached, though some variety exists in the market.
Price per square foot shows a median of RM 11, though individual units vary from RM 9 to RM 14 in the core range. The broader market spans RM 8.75 to RM 13.25, indicating diverse property characteristics. The spread of RM 4.50 (IQR) and deviation of RM 3 (MAD) suggest moderate price variations reflecting different property features.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.