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 199K to RM 281K, and a typical market range of RM 191K to RM 289K.

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

For price per square foot, the median is RM 131, with most transactions between RM 118 and RM 144. The usual range is RM 117.50 to RM 144.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 27.00 and an average deviation (MAD) of RM 13 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. Moderate transaction volume may require patience when buying or selling.