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 205K to RM 249K, and a typical market range of RM 178K to RM 260K.
Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 146, with core pricing between RM 124 and RM 168. Market pricing typically extends from RM 132.50 to RM 159.50, reflecting moderate variation in unit pricing. The spread of RM 27.00 (IQR) and deviation of RM 22 (MAD) suggest moderate price variations reflecting different property features.
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.