TAMAN RAKYAT BISTARI in Kemaman, Terengganu recorded 27 subsale transactions in 2021, with a median price of RM 227K and a median price per square foot (PSF) of RM 146.
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 227K, with most transactions falling within a stable range of RM 186K to RM 268K, and a typical market range of RM 178K to RM 276K.
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 146, with most transactions between RM 133 and RM 159. The usual range is RM 132.50 to RM 159.50, 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.