TAMAN TELUK KALUNG in Kemaman, Terengganu recorded 2 subsale transactions in 2023, with a median price of RM 230K and a median price per square foot (PSF) of RM 195.
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 230K, with most transactions falling within a stable range of RM 198K to RM 263K, and a typical market range of RM 196K to RM 264K.
Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.
The median PSF stands at RM 195, with core pricing between RM 163 and RM 227. Market pricing typically extends from RM 172.38 to RM 216.63, reflecting moderate variation in unit pricing. The spread of RM 44.25 (IQR) and deviation of RM 32 (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. Limited transaction history suggests carefully evaluating comparable sales data.