KAMPUNG PENGKALAN CICAR

KAMPUNG PENGKALAN CICAR in Kemaman, Terengganu recorded 4 subsale transactions in 2023, with a median price of RM 268K and a median price per square foot (PSF) of RM 75.

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 268K, with most transactions falling within a stable range of RM 194K to RM 341K, and a typical market range of RM 206K to RM 329K.

Most transactions involved detached, though some variety exists in the market.

Price per square foot shows a median of RM 75, though individual units vary from RM 56 to RM 93 in the core range. The broader market spans RM 64.75 to RM 84.25, indicating diverse property characteristics. The spread of RM 19.50 (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.