RAKR GONG BADAK IV (KT 105-97)

RAKR GONG BADAK IV (KT 105-97) in Kuala Nerus, Terengganu recorded 5 subsale transactions in 2022, with a median price of RM 190K and a median price per square foot (PSF) of RM 111.

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 190K, with most transactions falling within a stable range of RM 150K to RM 249K, and a typical market range of RM 150K to RM 235K.

Most transactions involved low-cost house, with minimal variety in property types.

The median PSF stands at RM 111, with core pricing between RM 95 and RM 127. Market pricing typically extends from RM 96.50 to RM 125.50, reflecting moderate variation in unit pricing. With an IQR of RM 29.00 and MAD of RM 16, 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.