PUSAT PERNIAGAAN BUKIT KUANG in Kemaman, Terengganu recorded 1 subsale transactions in 2022, with a median price of RM 550K and a median price per square foot (PSF) of RM 220.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 550K, with most transactions falling within a stable range of RM 494K to RM 606K, and a typical market range of RM 188K to RM 913K.
Most transactions involved 2 - 2 1/2 storey shop, with minimal variety in property types.
Price per square foot shows a median of RM 220, though individual units vary from RM 84 to RM 356 in the core range. The broader market spans RM 149.74 to RM 290.74, indicating diverse property characteristics. A wider spread (IQR: RM 141.00) and deviation (MAD: RM 136) indicate significant PSF variations, likely due to diverse property types or conditions.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.
