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Market Snapshot
ResidentialRM 290,000
RM 59 psfMedian transaction price
KAMPUNG PENGKALAN CICAR, Teluk Kalung, 24000, Kemaman, Terengganu, Malaysia
Kampung Pengkalan Cicar in Kemaman, Terengganu recorded 0 subsale transactions in 2021, with a median price of RM 268K and a median price per square foot (PSF) of RM 72.
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 190K to RM 345K, and a typical market range of RM 200K to RM 335K.
Most transactions involved detached, though some variety exists in the market.
The median PSF stands at RM 72, with core pricing between RM 65 and RM 80. Market pricing typically extends from RM 54.50 to RM 89.50, reflecting moderate variation in unit pricing. With an IQR of RM 35.00 and MAD of RM 8, the PSF demonstrates reasonable consistency across the market.
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.