KAMPUNG. TOK KAYA in Kemaman, Terengganu recorded 20 subsale transactions in 2023, with a median price of RM 337K and a median price per square foot (PSF) of RM 124.
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 337K, with most transactions falling within a stable range of RM 300K to RM 374K, and a typical market range of RM 292K to RM 381K.
Most transactions involved 1 - 1 1/2 storey semi-detached, with moderate diversity in property types available.
The median PSF stands at RM 124, with core pricing between RM 109 and RM 139. Market pricing typically extends from RM 110.00 to RM 137.00, 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. Moderate transaction volume may require patience when buying or selling.