|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2023 | |||||
|
Mukim Cenering
|
RM 483,000
|
RM 158
|
3,057 sqft
|
|
Terrace Factory |
|
Off Jalan Kaw Perindustrian Cendering
|
RM 540,000
|
RM 182
|
2,971 sqft
|
|
Terrace Factory |
|
Jalan Rajawali I (Kt 343)
|
RM 2,200,000
|
RM 66
|
33,583 sqft
|
|
Factory |
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Market Snapshot
CommercialRM 540,000
RM 158 psfMedian transaction price
Perindustrian Chendering, Kuala Terengganu, Terengganu
Perindustrian Chendering in Kuala Terengganu, Terengganu recorded 3 subsale transactions in 2023, with a median price of RM 540K and a median price per square foot (PSF) of RM 158.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 540K, with most transactions falling within a stable range of RM 483K to RM 1.34 million, and a typical market range of RM 483K to RM 1.19 million.
Most transactions involved terraced factory/warehouse, with moderate diversity in property types available.
Price per square foot shows a median of RM 158, though individual units vary from RM 108 to RM 208 in the core range. The broader market spans RM 136.13 to RM 179.88, indicating diverse property characteristics. A wider spread (IQR: RM 43.75) and deviation (MAD: RM 50) indicate significant PSF variations, likely due to diverse property types or conditions.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.