PENARIK

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.