Terengganu
Kemaman
Teluk Kalung
TAMAN RAKYAT BISTARI

TAMAN RAKYAT BISTARI

Area Intelligence

2022

Median Price

RM 393,000

PSF: RM 72

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Residential PSF Trends

Median Price

RM 393,000

PSF: RM 72

TAMAN RAKYAT BISTARI in Kemaman, Terengganu recorded 2 subsale transactions in 2022, with a median price of RM 393K and a median price per square foot (PSF) of RM 72.

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 393K, with most transactions falling within a stable range of RM 353K to RM 433K, and a typical market range of RM 353K to RM 433K.

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 72, with most transactions between RM 69 and RM 75. The usual range is RM 58.50 to RM 85.50, 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 3 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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN RAKYAT BISTARI, Kemaman, Terengganu

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