GONG PAK JIN/PAK TUYU

GONG PAK JIN/PAK TUYU in Kuala Nerus, Terengganu recorded 10 subsale transactions in 2022, with a median price of RM 360K and a median price per square foot (PSF) of RM 132.

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 360K, with most transactions falling within a stable range of RM 300K to RM 457K, and a typical market range of RM 319K to RM 401K.

Most transactions involved 1 - 1 1/2 storey semi-detached, though some variety exists in the market.

The median PSF stands at RM 132, with core pricing between RM 112 and RM 152. Market pricing typically extends from RM 119.13 to RM 144.88, reflecting moderate variation in unit pricing. The spread of RM 25.75 (IQR) and deviation of RM 20 (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. Limited transaction history suggests carefully evaluating comparable sales data.