GONG CHENGAL KEMASIK

GONG CHENGAL KEMASIK in Kemaman, Terengganu recorded 5 subsale transactions in 2023, with a median price of RM 68K and a median price per square foot (PSF) of RM 52.

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 68K, with most transactions falling within a stable range of RM 68K to RM 69K, and a typical market range of RM 68K to RM 70K.

Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.

The median PSF stands at RM 52, with core pricing between RM 46 and RM 58. Market pricing typically extends from RM 40.50 to RM 63.50, reflecting moderate variation in unit pricing. With an IQR of RM 23.00 and MAD of RM 6, 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. 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.