Area Intelligence

RIVER FRONT BUSINESS CENTRE

9 properties
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Median Price
RM 1,100,000
PSF: RM 685

Commercial Market

Median Price

RM 1,100,000

IQR: RM 119
MAD: RM 66
RM 685 PSF 15.3%

PSF Trends (2021-2025)

RIVER FRONT BUSINESS CENTRE in Kemaman, Terengganu recorded 9 subsale transactions between 2021 and 2025, with a median price of RM 1.10 million and a median price per square foot (PSF) of RM 685.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 1.10 million, with most transactions falling within a stable range of RM 1.05 million to RM 1.15 million, and a typical market range of RM 1.00 million to RM 1.20 million.

Most transactions involved 3 - 3 1/2 storey shop, with moderate diversity in property types available.

For price per square foot, the median is RM 685, with most transactions between RM 619 and RM 751. The usual range is RM 625.50 to RM 744.50, showing that most units are priced quite close to each other. With an IQR of RM 119.00 and MAD of RM 66, the PSF demonstrates reasonable consistency across the market.

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.

Area Location

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RIVER FRONT BUSINESS CENTRE, Kemaman, Terengganu

OSM

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Transactions

9 properties grouped by size

1,450 sqft
1 units 3-Storey Storey Shop
RM 1,100,000
JALAN JAKAR 1
1,464 sqft · RM 751.00 PSF
Mar 2023
1,700 sqft
6 units
RM 650,000
Double Storey Shop JALAN RAJA UDANG 3
1,679 sqft · RM 387.00 PSF
Nov 2024
RM 1,300,000
3-Storey Storey Shop JALAN RAJA UDANG 1
1,679 sqft · RM 774.00 PSF
Nov 2024
RM 1,150,000
3-Storey Storey Shop JLN RAJA UDANG 1
1,679 sqft · RM 685.00 PSF
Nov 2023
RM 1,100,000
3-Storey Storey Shop JALAN JAKAR 1
1,679 sqft · RM 655.00 PSF
Mar 2023
RM 1,100,000
3-Storey Storey Shop JALAN RAJA UDANG 1
1,679 sqft · RM 655.00 PSF
Mar 2023
RM 1,100,000
3-Storey Storey Shop JLN RAJA UDANG 1
1,679 sqft · RM 655.00 PSF
Mar 2023
2,250 sqft
1 units 4-Storey Storey Shop
RM 2,050,000
JALAN JAKAR 1
2,271 sqft · RM 903.00 PSF
Mar 2023
3,100 sqft
1 units 4-Storey Storey Shop
RM 2,850,000
JALAN JAKAR 1
3,122 sqft · RM 913.00 PSF
Nov 2023