CHENEH

CHENEH in Kemaman, Terengganu recorded 3 subsale transactions in 2023, with a median price of RM 93K 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. The median price is RM 93K, with most transactions falling within a stable range of RM 91K to RM 102K, and a typical market range of RM 91K to RM 100K.

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

Price per square foot shows a median of RM 52, though individual units vary from RM 42 to RM 63 in the core range. The broader market spans RM 41.50 to RM 62.50, indicating diverse property characteristics. The spread of RM 21.00 (IQR) and deviation of RM 11 (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.