TAMAN DESA PERMAI in Kemaman, Terengganu recorded 4 subsale transactions in 2023, with a median price of RM 185K and a median price per square foot (PSF) of RM 97.
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 185K, with most transactions falling within a stable range of RM 165K to RM 205K, and a typical market range of RM 168K to RM 203K.
Most transactions involved low-cost house, though some variety exists in the market.
For price per square foot, the median is RM 97, with most transactions between RM 88 and RM 106. The usual range is RM 86.75 to RM 107.25, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 20.50 and an average deviation (MAD) of RM 9 indicate a highly stable PSF trend across properties.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.