PERUMAHAN RANTAU PETRONAS

PERUMAHAN RANTAU PETRONAS in Kemaman, Terengganu recorded 7 subsale transactions in 2024, with a median price of RM 180K and a median price per square foot (PSF) of RM 104.

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 180K, with most transactions falling within a stable range of RM 180K to RM 268K, and a typical market range of RM 180K to RM 250K.

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

The median PSF stands at RM 104, with core pricing between RM 89 and RM 119. Market pricing typically extends from RM 87.50 to RM 120.50, reflecting moderate variation in unit pricing. With an IQR of RM 33.00 and MAD of RM 15, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.