TAMAN MAWARDAH in Kemaman, Terengganu recorded 3 subsale transactions in 2023, with a median price of RM 300K and a median price per square foot (PSF) of RM 89.
This area contains both residential and commercial properties. View 4 residential properties or 4 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 300K, with most transactions falling within a stable range of RM 300K to RM 384K, and a typical market range of RM 300K to RM 346K.
Most transactions involved 2 - 2 1/2 storey shop, with high diversity across multiple property types.
The median PSF stands at RM 89, with core pricing between RM 72 and RM 107. Market pricing typically extends from RM 0.00 to RM 211.88, reflecting moderate variation in unit pricing. The spread of RM 245.75 (IQR) and deviation of RM 18 (MAD) suggest moderate price variations reflecting different property features.
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.
