KAMPUNG. TOK KAYA in Kemaman, Terengganu recorded 15 subsale transactions in 2022, with a median price of RM 343K and a median price per square foot (PSF) of RM 117.
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 343K, with most transactions falling within a stable range of RM 306K to RM 380K, and a typical market range of RM 299K to RM 387K.
Most transactions involved 1 - 1 1/2 storey semi-detached, with moderate diversity in property types available.
The median PSF stands at RM 117, with core pricing between RM 102 and RM 132. Market pricing typically extends from RM 103.50 to RM 130.50, reflecting moderate variation in unit pricing. With an IQR of RM 27.00 and MAD of RM 15, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.