TAMAN RAKYAT BISTARI

Area Intelligence
2024
Median Price
RM 190,000
PSF: RM 124

Residential PSF Trends

Median Price

RM 190,000

PSF: RM 124

TAMAN RAKYAT BISTARI in Kemaman, Terengganu recorded 13 subsale transactions in 2024, with a median price of RM 190K and a median price per square foot (PSF) of RM 124.

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 190K, with most transactions falling within a stable range of RM 149K to RM 231K, and a typical market range of RM 141K to RM 239K.

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

The median PSF stands at RM 124, with core pricing between RM 111 and RM 137. Market pricing typically extends from RM 110.50 to RM 137.50, reflecting moderate variation in unit pricing. With an IQR of RM 27.00 and MAD of RM 13, 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.

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TAMAN RAKYAT BISTARI, Kemaman, Terengganu

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