AJIL in Hulu Terengganu, Terengganu recorded 13 subsale transactions in 2023, with a median price of RM 340K and a median price per square foot (PSF) of RM 90.
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 340K, with most transactions falling within a stable range of RM 315K to RM 370K, and a typical market range of RM 315K to RM 374K.
Most transactions involved 1 - 1 1/2 storey semi-detached, with high diversity across multiple property types.
Price per square foot shows a median of RM 90, though individual units vary from RM 70 to RM 110 in the core range. The broader market spans RM 73.25 to RM 106.75, indicating diverse property characteristics. The spread of RM 33.50 (IQR) and deviation of RM 20 (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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.
