Residential Market
Median Price
RM 330,000
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 1 subsale transactions in 2021, with a median price of RM 330K and a median price per square foot (PSF) of RM 52.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
Most transactions involved detached, though some variety exists in the market.
For price per square foot, the median is RM 52, with most transactions between RM 52 and RM 52. The usual range is RM 33.00 to RM 71.00, 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 0 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
1 properties grouped by size
| Road | Price | PSF | Size | Date |
|---|---|---|---|---|
|
OFF JLN MERANG-PENARIK (P/L2486)
|
RM 330,000
|
RM 52.00
|
6,394 sqft
|
Apr 2021
|