TAMAN SEMARAK (KT 46-97)

TAMAN SEMARAK (KT 46-97) in Kuala Nerus, Terengganu recorded 2 subsale transactions in 2024, with a median price of RM 425K and a median price per square foot (PSF) of RM 304.

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 425K, with most transactions falling within a stable range of RM 400K to RM 450K, and a typical market range of RM 400K to RM 450K.

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

For price per square foot, the median is RM 304, with most transactions between RM 286 and RM 322. The usual range is RM 260.00 to RM 348.00, showing that most units are priced quite close to each other. With an IQR of RM 88.00 and MAD of RM 18, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.