CHENEH

CHENEH in Kemaman, Terengganu recorded 6 subsale transactions in 2021, with a median price of RM 92K and a median price per square foot (PSF) of RM 54.

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 92K, with most transactions falling within a stable range of RM 91K to RM 100K, and a typical market range of RM 91K to RM 98K.

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

The median PSF stands at RM 54, with core pricing between RM 44 and RM 63. Market pricing typically extends from RM 43.00 to RM 64.00, reflecting moderate variation in unit pricing. The spread of RM 21.00 (IQR) and deviation of RM 10 (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. 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.