| Road | Price | PSF | Size | Date | Type |
|---|
|
Chengal Besar
|
RM 250,000
|
RM 114
|
2,185 sqft
|
|
|
|
Chengal Besar
|
RM 260,000
|
RM 119
|
2,185 sqft
|
|
|
|
Chengal Besar
|
RM 230,000
|
RM 104
|
2,207 sqft
|
|
|
Chengal Besar P/L 52080
|
RM 370,000
|
RM 121
|
3,046 sqft
|
|
|
Chengal Besar P/L 52080
|
RM 370,000
|
RM 111
|
3,326 sqft
|
|
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Market Snapshot
ResidentialRM 260,000
RM 114 psfMedian transaction price
Bandar Baru Kijal in Kemaman, Terengganu recorded 5 subsale transactions in 2021, with a median price of RM 260K and a median price per square foot (PSF) of RM 114.
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 260K, with most transactions falling within a stable range of RM 230K to RM 321K, and a typical market range of RM 230K to RM 315K.
Most transactions involved 1 - 1 1/2 storey semi-detached, though some variety exists in the market.
For price per square foot, the median is RM 114, with most transactions between RM 108 and RM 120. The usual range is RM 108.41 to RM 120.41, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 12.00 and an average deviation (MAD) of RM 6 indicate a highly stable PSF trend across properties.
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.