TAMAN RAKYAT BISTARI

TAMAN RAKYAT BISTARI in Kemaman, Terengganu recorded 45 subsale transactions in 2022, with a median price of RM 240K and a median price per square foot (PSF) of RM 131.

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 240K, with most transactions falling within a stable range of RM 176K to RM 304K, and a typical market range of RM 193K to RM 288K.

Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.

The median PSF stands at RM 131, with core pricing between RM 109 and RM 153. Market pricing typically extends from RM 118.50 to RM 143.50, reflecting moderate variation in unit pricing. The spread of RM 25.00 (IQR) and deviation of RM 22 (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. Moderate transaction volume may require patience when buying or selling.