PENARIK

PENARIK in Setiu, Terengganu recorded 8 Detached properties subsale transactions between 2021 and 2025 for detached properties, with a median price of RM 265K and a median price per square foot (PSF) of RM 46.

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 240K to RM 302K, and a typical market range of RM 241K to RM 290K.

Within the Detached category, detached dominated the market, though some variety exists in the market.

For price per square foot, the median is RM 46, with most transactions between RM 42 and RM 50. The usual range is RM 27.00 to RM 65.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 38.00 and an average deviation (MAD) of RM 4 indicate a highly stable PSF trend across properties.

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.