TAMAN MURNI INDAH (GONG BADAK)

TAMAN MURNI INDAH (GONG BADAK) in Kuala Nerus, Terengganu recorded 7 subsale transactions in 2023, with a median price of RM 190K and a median price per square foot (PSF) of RM 173.

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 190K, with most transactions falling within a stable range of RM 164K to RM 216K, and a typical market range of RM 185K to RM 195K.

Most transactions involved low-cost house, with minimal variety in property types.

The median PSF stands at RM 173, with core pricing between RM 140 and RM 206. Market pricing typically extends from RM 166.63 to RM 179.38, reflecting moderate variation in unit pricing. The spread of RM 12.75 (IQR) and deviation of RM 33 (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. 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.