PENARIK
Residential Market
Median Price
RM 265,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Low-Cost Flat
10 properties
Median Price
RM 69,000
+3.7% CAGR
Median PSF
RM 150.00
-0.8% CAGR
Flat
4 properties
Median Price
RM 73,250
-11.0% CAGR
Median PSF
RM 148.00
-11.5% CAGR
Single Storey Terraced
1 properties
Median Price
RM 140,000
Median PSF
RM 100.00
Double Storey Shop
1 properties
Median Price
RM 500,000
Median PSF
RM 357.00
Property Type | Properties | Transactions | Median Price | Price CAGR | Median PSF | PSF CAGR | |
---|---|---|---|---|---|---|---|
Low-Cost Flat | 10 | 716,000 |
RM 69,000
±5K MAD
|
+3.67% |
RM 150.00
±12 MAD
|
-0.82% | |
Flat | 4 | 293,000 |
RM 73,250
±4K MAD
|
-10.97% |
RM 148.00
±9 MAD
|
-11.47% | |
Single Storey Terraced | 1 | 140,000 |
RM 140,000
|
- |
RM 100.00
|
- | |
Double Storey Shop | 1 | 500,000 |
RM 500,000
|
- |
RM 357.00
|
- |
PENARIK in Setiu, Terengganu recorded 5 Single Storey Semi-D properties subsale transactions between 2021 and 2025 for single storey semi-d properties, with a median price of RM 265K and a median price per square foot (PSF) of RM 86.
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 265K, with most transactions falling within a stable range of RM 258K to RM 282K, and a typical market range of RM 258K to RM 290K.
Within the Single Storey Semi-D category, detached dominated the market, though some variety exists in the market.
For price per square foot, the median is RM 86, with most transactions between RM 82 and RM 90. The usual range is RM 67.00 to RM 105.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 38.00 and an average deviation (MAD) of RM 4 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.
Filter by type, year, price, and size
Transactions
5 properties grouped by size
Road | Price | PSF | Size | Date |
---|---|---|---|---|
OFF JLN MERANG - PENARIK (PL:73106)
|
RM 265,000
|
RM 86.00
|
3,068 sqft
|
Jul 2024
|
OFF JLN MERANG - PENARIK (PL70971)
|
RM 290,000
|
RM 95.00
|
3,046 sqft
|
Nov 2023
|
Road | Price | PSF | Size | Date |
---|---|---|---|---|
OFF JLN MERANG - PENARIK (PL:70971)
|
RM 258,000
|
RM 84.00
|
3,089 sqft
|
Sep 2024
|
OFF JLN MERANG - PENARIK (PL:70971)
|
RM 258,000
|
RM 84.00
|
3,089 sqft
|
Mar 2024
|
Road | Price | PSF | Size | Date |
---|---|---|---|---|
OFF JLN MERANG - PENARIK (PL70971)
|
RM 300,000
|
RM 86.00
|
3,477 sqft
|
Nov 2023
|