TAMAN RAKYAT BISTARI

TAMAN RAKYAT BISTARI in Kemaman, Terengganu recorded 10 subsale transactions in 2023, with a median price of RM 180K and a median price per square foot (PSF) of RM 138.

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 180K, with most transactions falling within a stable range of RM 140K to RM 237K, and a typical market range of RM 140K to RM 225K.

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

The median PSF stands at RM 138, with core pricing between RM 124 and RM 152. Market pricing typically extends from RM 125.63 to RM 150.38, reflecting moderate variation in unit pricing. With an IQR of RM 24.75 and MAD of RM 14, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.