SEDC KERTIH in Kemaman, Terengganu recorded 2 subsale transactions in 2023, with a median price of RM 228K and a median price per square foot (PSF) of RM 137.
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 228K, with most transactions falling within a stable range of RM 203K to RM 253K, and a typical market range of RM 201K to RM 254K.
Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.
Price per square foot shows a median of RM 137, though individual units vary from RM 105 to RM 169 in the core range. The broader market spans RM 107.75 to RM 165.25, indicating diverse property characteristics. The spread of RM 57.50 (IQR) and deviation of RM 32 (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.
