RAKR KIJAL

RAKR KIJAL in Kemaman, Terengganu recorded 2 subsale transactions in 2023, with a median price of RM 145K and a median price per square foot (PSF) of RM 103.

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 145K, with most transactions falling within a stable range of RM 130K to RM 160K, and a typical market range of RM 133K to RM 158K.

Most transactions involved low-cost house, with minimal variety in property types.

The median PSF stands at RM 103, with core pricing between RM 91 and RM 114. Market pricing typically extends from RM 93.00 to RM 112.00, reflecting moderate variation in unit pricing. With an IQR of RM 19.00 and MAD of RM 12, the PSF demonstrates reasonable consistency across the market.

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.