TAMAN SEMARAK (KT 46-97)

TAMAN SEMARAK (KT 46-97) in Kuala Nerus, Terengganu recorded 3 subsale transactions in 2023, with a median price of RM 265K and a median price per square foot (PSF) of RM 203.

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 265K, with most transactions falling within a stable range of RM 134K to RM 396K, and a typical market range of RM 191K to RM 339K.

Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.

Price per square foot shows a median of RM 203, though individual units vary from RM 139 to RM 267 in the core range. The broader market spans RM 159.00 to RM 247.00, indicating diverse property characteristics. A wider spread (IQR: RM 88.00) and deviation (MAD: RM 64) 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.