RAKR MENGABANG LEKOR (KT-961)

RAKR MENGABANG LEKOR (KT-961) in Kuala Nerus, Terengganu recorded 2 subsale transactions in 2022, with a median price of RM 115K and a median price per square foot (PSF) of RM 102.

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 115K, with most transactions falling within a stable range of RM 100K to RM 130K, and a typical market range of RM 100K to RM 130K.

Most transactions involved low-cost house, though some variety exists in the market.

The median PSF stands at RM 102, with core pricing between RM 87 and RM 117. Market pricing typically extends from RM 76.88 to RM 127.13, reflecting moderate variation in unit pricing. With an IQR of RM 50.25 and MAD of RM 15, 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.