Area Intelligence

RAKR WAKAF TENGAH (KT 378)

15 properties
Median Price
RM 150,000
PSF: RM 126

Residential Market

Median Price

RM 150,000

IQR: RM 80
MAD: RM 25
RM 126 PSF 9.5%

PSF Trends (2021-2025)

RAKR WAKAF TENGAH (KT 378) in Kuala Nerus, Terengganu recorded 15 subsale transactions between 2021 and 2025, with a median price of RM 150K and a median price per square foot (PSF) of RM 126.

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 150K, with most transactions falling within a stable range of RM 120K to RM 180K, and a typical market range of RM 103K to RM 198K.

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

The median PSF stands at RM 126, with core pricing between RM 101 and RM 151. Market pricing typically extends from RM 86.00 to RM 166.00, reflecting moderate variation in unit pricing. The spread of RM 80.00 (IQR) and deviation of RM 25 (MAD) suggest moderate price variations reflecting different property features.

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.

Area Location

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RAKR WAKAF TENGAH (KT 378), Kuala Nerus, Terengganu

OSM

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Transactions

15 properties grouped by size

1,200 sqft 15 units (showing 6) Low-Cost House
RM 16,000 - 220,000 PSF: RM 107
Road Price PSF Size Date
RAKR W TENGAH, OFF JLN K.TRG - BATU RAKIT
RM 220,000
RM 184.00
1,195 sqft
Feb 2025
OFF JLN BATU RAKIT-K TRG
RM 140,000
RM 116.00
1,206 sqft
May 2024
OFF JLN K.TRG - BATU RAKIT
RM 17,000
RM 14.00
1,195 sqft
May 2024
OFF JLN K.TRG - BATU RAKIT
RM 160,000
RM 134.00
1,195 sqft
Feb 2024
OFF JLN K.TRG - BATU RAKIT
RM 200,000
RM 167.00
1,195 sqft
Dec 2023
OFF JLN BATU RAKIT - K TRG
RM 25,000
RM 21.00
1,195 sqft
Oct 2023