RAKR MENGABANG LEKOR (KT-961)

RAKR MENGABANG LEKOR (KT-961) in Kuala Nerus, Terengganu recorded 2 subsale transactions in 2024, with a median price of RM 159K and a median price per square foot (PSF) of RM 142.

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 159K, with most transactions falling within a stable range of RM 150K to RM 167K, and a typical market range of RM 150K to RM 167K.

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

For price per square foot, the median is RM 142, with most transactions between RM 135 and RM 148. The usual range is RM 116.38 to RM 166.63, showing that most units are priced quite close to each other. With an IQR of RM 50.25 and MAD of RM 7, the PSF demonstrates reasonable consistency across the market.

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.