GONG BADAK

GONG BADAK in Kuala Nerus, Terengganu recorded 9 subsale transactions in 2023, with a median price of RM 399K and a median price per square foot (PSF) of RM 144.

This area contains both residential and commercial properties. View 20 residential properties or 5 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 399K, with most transactions falling within a stable range of RM 322K to RM 476K, and a typical market range of RM 330K to RM 468K.

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 144, though individual units vary from RM 70 to RM 218 in the core range. The broader market spans RM 103.00 to RM 185.00, indicating diverse property characteristics. A wider spread (IQR: RM 82.00) and deviation (MAD: RM 74) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.