Based on 457 units sold preceding 12 mths.
Compound annual growth rate in median price.
Terengganu is situated in the north-eastern part of Peninsular Malaysia. This state is bordered by Kelantan to the northwest, Pahang to the southwest and the South China Sea to the east. Several islands including Pulau Perhentian, Pulau Kapas and Pulau Redang, are also part of the state. Kuala Terengganu, a coastal city, is the state’s capital and also royal capital.
The state has prospered from the discovery of oil and gas off its coast. The other two major industries contributing to the state’s wealth are fishing and tourism. Agriculture producing various fruits and vegetables remains important. In addition to the islands, other popular tourist destinations include Tasik Kenyir, Kuala Ibai lagoons, Batu Barok and Rantau Abang beaches.
Commercial properties in Terengganu are mostly concentrated in the town areas such as Kuala Terengganu, Kemaman and Marang. They include shop lots, retail space and office units. Popular commercial properties are semi-detached houses, terraced houses and bungalows.
Like the other states in Malaysia, Terengganu experiences tropical climate. There is no real dry season in Terengganu. This state typically faces the monsoon season from November until March with the heaviest rainfall recorded in November and December, often causing massive floods across the state, especially in low-land areas. The daily temperatures range from 21 to 32°C.
Malays make up the largest portion of the population in Terengganu (more than 90%) followed by Chinese, Indians and other ethnic groups. Being a state with a long coastline, Terengganu was famous for building traditional, highly decorated carved wooden boats called bangau. Other traditional arts and handicrafts include wau bulan, gasing, batik and songket. Silat, tarian gamelan and tarian ulit mayang are some of the cultural performances of Terengganu. The most famous local food is kerepok lekor. Other popular local delicacies include budu, laksam, sata and nasi dagang.
Buying, selling, or investing property is a very big decision. Even moving to your desired location can sometimes be very emotional. Using data from more than 0 listings in Terengganu, PropertyGuru aim to help you make the right decisions on selecting property, by providing you helpful news and property statistics such as median and growth in the area, but also our opinion on local neighborhood area.Read More