TMN CERGAS

TMN CERGAS in Kemaman, Terengganu recorded 2 subsale transactions in 2024, with a median price of RM 235K and a median price per square foot (PSF) of RM 168.

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 235K, with most transactions falling within a stable range of RM 220K to RM 250K, and a typical market range of RM 220K to RM 250K.

Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.

For price per square foot, the median is RM 168, with most transactions between RM 157 and RM 179. The usual range is RM 149.00 to RM 187.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 38.00 and an average deviation (MAD) of RM 11 indicate a highly stable PSF trend across properties.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.