Terengganu
Kuala Terengganu
Cenering
PERINDUSTRIAN CHENDERING

PERINDUSTRIAN CHENDERING

Area Intelligence

2023

Median Price

RM 511,500

PSF: RM 131

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Commercial PSF Trends

Median Price

RM 511,500

RM 131 PSF

PERINDUSTRIAN CHENDERING in Kuala Terengganu, Terengganu recorded 2 subsale transactions in 2023, with a median price of RM 512K and a median price per square foot (PSF) of RM 131.

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 512K, with most transactions falling within a stable range of RM 483K to RM 540K, and a typical market range of RM 483K to RM 540K.

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

For price per square foot, the median is RM 131, with most transactions between RM 124 and RM 138. The usual range is RM 109.13 to RM 152.88, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 43.75 and an average deviation (MAD) of RM 7 indicate a highly stable PSF trend across properties.

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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