Terengganu
Kuala Terengganu
Cenering
PERINDUSTRIAN CHENDERING

PERINDUSTRIAN CHENDERING

Area Intelligence

2022

Median Price

RM 640,000

PSF: RM 209

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Commercial PSF Trends

Median Price

RM 640,000

RM 209 PSF

PERINDUSTRIAN CHENDERING in Kuala Terengganu, Terengganu recorded 3 subsale transactions in 2022, priced between RM 500K and RM 750K, with a median price of RM 640K and a median price per square foot (PSF) of RM 209.

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 640K, with most transactions falling within a stable range of RM 571K to RM 680K, and a typical market range of RM 517K to RM 680K.

Most transactions involved terraced factory/warehouse, with moderate diversity in property types available.

The median PSF stands at RM 209, with core pricing between RM 186 and RM 233. Market pricing typically extends from RM 187.49 to RM 231.24, reflecting moderate variation in unit pricing. With an IQR of RM 43.75 and MAD of RM 24, the PSF demonstrates reasonable consistency across the market.

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.

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PERINDUSTRIAN CHENDERING, Kuala Terengganu, Terengganu

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