BATU RAKIT

BATU RAKIT in Kuala Nerus, Terengganu recorded 17 subsale transactions between 2021 and 2025, with a median price of RM 250K and a median price per square foot (PSF) of RM 179.

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 250K, with most transactions falling within a stable range of RM 214K to RM 286K, and a typical market range of RM 187K to RM 313K.

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

The median PSF stands at RM 179, with core pricing between RM 153 and RM 205. Market pricing typically extends from RM 162.38 to RM 195.63, reflecting moderate variation in unit pricing. With an IQR of RM 33.25 and MAD of RM 26, the PSF demonstrates reasonable consistency across the market.

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.