BATU RAKIT

BATU RAKIT in Kuala Nerus, Terengganu recorded 204 subsale transactions between 2021 and 2025, with a median price of RM 340K and a median price per square foot (PSF) of RM 109.

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 340K, with most transactions falling within a stable range of RM 280K to RM 400K, and a typical market range of RM 277K to RM 403K.

Most transactions involved 2 - 2 1/2 storey terraced2 - 2, with high diversity across multiple property types.

The median PSF stands at RM 109, with core pricing between RM 93 and RM 126. Market pricing typically extends from RM 92.38 to RM 125.63, reflecting moderate variation in unit pricing. The spread of RM 33.25 (IQR) and deviation of RM 17 (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. Moderate price stability provides a balanced market for both buyers and sellers. High transaction volume ensures good market liquidity and easier price discovery.