TMN RAYA I & II

TMN RAYA I & II in Dungun, Terengganu recorded 2 subsale transactions in 2023, with a median price of RM 515K and a median price per square foot (PSF) of RM 117.

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 515K, with most transactions falling within a stable range of RM 480K to RM 550K, and a typical market range of RM 498K to RM 533K.

Most transactions involved 1 - 1 1/2 storey semi-detached, with high diversity across multiple property types.

Price per square foot shows a median of RM 117, though individual units vary from RM 93 to RM 141 in the core range. The broader market spans RM 101.50 to RM 132.50, indicating diverse property characteristics. The spread of RM 31.00 (IQR) and deviation of RM 24 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.