TAMAN MAIDAM (KT 255)

TAMAN MAIDAM (KT 255) in Kuala Nerus, Terengganu recorded 2 subsale transactions in 2023, with a median price of RM 260K and a median price per square foot (PSF) of RM 134.

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 260K, with most transactions falling within a stable range of RM 240K to RM 280K, and a typical market range of RM 250K to RM 270K.

Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.

The median PSF stands at RM 134, with core pricing between RM 117 and RM 150. Market pricing typically extends from RM 125.25 to RM 141.75, reflecting moderate variation in unit pricing. With an IQR of RM 16.50 and MAD of RM 17, the PSF demonstrates reasonable consistency across the market.

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.