Area Intelligence

PENARIK

13 properties
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Median Price
RM 265,000
PSF: RM 52

Residential Market

Median Price

RM 265,000

IQR: RM 6
MAD: RM 4
RM 46 PSF 4.0%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

PENARIK in Setiu, Terengganu recorded 13 subsale transactions between 2021 and 2025, with a median price of RM 265K 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 265K, with most transactions falling within a stable range of RM 250K to RM 280K, and a typical market range of RM 241K to RM 290K.

Most transactions involved detached, though some variety exists in the market.

The median PSF stands at RM 52, with core pricing between RM 42 and RM 62. Market pricing typically extends from RM 33.00 to RM 71.00, reflecting moderate variation in unit pricing. The spread of RM 38.00 (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.

Area Location

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PENARIK, Setiu, Terengganu

OSM

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Transactions

13 properties grouped by size

3,050 sqft
2 units Single Storey Semi-D
RM 265,000
OFF JLN MERANG - PENARIK (PL:73106)
3,068 sqft · RM 86.00 PSF
Jul 2024
RM 290,000
OFF JLN MERANG - PENARIK (PL70971)
3,046 sqft · RM 95.00 PSF
Nov 2023
3,100 sqft
2 units Single Storey Semi-D
RM 258,000
OFF JLN MERANG - PENARIK (PL:70971)
3,089 sqft · RM 84.00 PSF
Sep 2024
RM 258,000
OFF JLN MERANG - PENARIK (PL:70971)
3,089 sqft · RM 84.00 PSF
Mar 2024
3,500 sqft
1 units Single Storey Semi-D
RM 300,000
OFF JLN MERANG - PENARIK (PL70971)
3,477 sqft · RM 86.00 PSF
Nov 2023
5,500 sqft
3 units Detached
RM 250,000
JLN MERANG-PENARIK
5,490 sqft · RM 46.00 PSF
May 2023
RM 250,000
JLN MERANG-PENARIK
5,490 sqft · RM 46.00 PSF
Oct 2022
RM 250,000
JLN MERANG-PENARIK
5,490 sqft · RM 46.00 PSF
Feb 2022
5,600 sqft
1 units Detached
RM 280,000
OFF JLN MERANG-PENARIK (P/L2595)
5,619 sqft · RM 50.00 PSF
Oct 2024
5,800 sqft
1 units Detached
RM 240,000
OFF JLN MERANG-PENARIK (P/L2595)
5,823 sqft · RM 41.00 PSF
Aug 2022
6,350 sqft
1 units Detached
RM 340,000
OFF JLN MERANG-PENARIK(PL1246)
6,351 sqft · RM 54.00 PSF
May 2022
6,400 sqft
1 units Detached
RM 330,000
OFF JLN MERANG-PENARIK (P/L2486)
6,394 sqft · RM 52.00 PSF
Apr 2021
7,050 sqft
1 units Detached
RM 299,000
JLN MERANG-PENARIK
7,072 sqft · RM 42.00 PSF
Mar 2024