RAKR MENGABANG LEKOR (KT-961)

RAKR MENGABANG LEKOR (KT-961) in Kuala Nerus, Terengganu recorded 5 Low-Cost House properties subsale transactions between 2021 and 2025 for low-cost house properties, with a median price of RM 130K and a median price per square foot (PSF) of RM 117.

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 130K, with most transactions falling within a stable range of RM 82K to RM 167K, and a typical market range of RM 102K to RM 158K.

Within the Low-Cost House category, low-cost house dominated the market, though some variety exists in the market.

Price per square foot shows a median of RM 117, though individual units vary from RM 74 to RM 160 in the core range. The broader market spans RM 91.88 to RM 142.13, indicating diverse property characteristics. A wider spread (IQR: RM 50.25) and deviation (MAD: RM 43) indicate significant PSF variations, likely due to diverse property types or conditions.

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.