CENERING
Commercial Market
Median Price
RM 1,200,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
3-Storey Storey Shop
2 properties
Median Price
RM 1,175,000
Median PSF
RM 727.50
Double Storey Shop
1 properties
Median Price
RM 1,200,000
Median PSF
RM 633.00
Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
---|---|---|---|---|---|---|
3-Storey Storey Shop | 2 |
RM 1,175,000
|
- |
RM 727.50
|
- | |
Double Storey Shop | 1 |
RM 1,200,000
|
- |
RM 633.00
|
- |
CENERING in Kuala Terengganu, Terengganu recorded 3 subsale transactions between 2021 and 2025, with a median price of RM 1.20 million and a median price per square foot (PSF) of RM 633.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
Most transactions involved 3 - 3 1/2 storey shop, though some variety exists in the market.
For price per square foot, the median is RM 633, with most transactions between RM 633 and RM 633. The usual range is RM 585.75 to RM 680.25, showing that most units are priced quite close to each other. With an IQR of RM 94.50 and MAD of RM 0, 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. 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.
Filter by type, year, price, and size
Transactions
3 properties grouped by size
Road | Price | PSF | Size | Date | Type |
---|
JLN CENERING/RUSILA(P/LOT 3430)
|
RM 1,150,000
|
RM 822.00
|
1,399 sqft
|
Nov 2023
|
OFF JLN KT/CHENDERING
|
RM 1,200,000
|
RM 633.00
|
1,894 sqft
|
Aug 2023
|
3-Storey Storey Shop |
OFF JLN KT/CHENDERING
|
RM 1,200,000
|
RM 633.00
|
1,894 sqft
|
Sep 2022
|
Double Storey Shop |