BERIS MERAGA in Kemaman, Terengganu recorded 48 subsale transactions in 2022, with a median price of RM 288K and a median price per square foot (PSF) of RM 125.
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 288K, with most transactions falling within a stable range of RM 238K to RM 338K, and a typical market range of RM 235K to RM 341K.
Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.
Price per square foot shows a median of RM 125, though individual units vary from RM 99 to RM 152 in the core range. The broader market spans RM 98.63 to RM 151.38, indicating diverse property characteristics. The spread of RM 52.75 (IQR) and deviation of RM 27 (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. Moderate price stability provides a balanced market for both buyers and sellers. Moderate transaction volume may require patience when buying or selling.
