CHERATING DAMAI

CHERATING DAMAI in Kuantan, Pahang recorded 2 subsale transactions in 2023, with a median price of RM 160K and a median price per square foot (PSF) of RM 133.

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 160K, with most transactions falling within a stable range of RM 140K to RM 180K, and a typical market range of RM 140K to RM 180K.

Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.

For price per square foot, the median is RM 133, with most transactions between RM 128 and RM 138. The usual range is RM 124.88 to RM 141.13, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 16.25 and an average deviation (MAD) of RM 5 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.