Area Intelligence

WAKAF TENGAH

19 properties
2023
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Median Price
RM 370,000
PSF: RM 119

Residential Market

Median Price

RM 370,000

IQR: RM 55
MAD: RM 12
RM 119 PSF 1.0%

PSF Trends (2021-2025)

WAKAF TENGAH in Kuala Nerus, Terengganu recorded 19 subsale transactions in 2023, with a median price of RM 370K and a median price per square foot (PSF) of RM 119.

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 370K, with most transactions falling within a stable range of RM 340K to RM 410K, and a typical market range of RM 343K to RM 398K.

Most transactions involved 1 - 1 1/2 storey terraced1 - 1, though some variety exists in the market.

The median PSF stands at RM 119, with core pricing between RM 97 and RM 141. Market pricing typically extends from RM 106.25 to RM 131.75, reflecting moderate variation in unit pricing. The spread of RM 25.50 (IQR) and deviation of RM 22 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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WAKAF TENGAH, Kuala Nerus, Terengganu

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Transactions

19 properties grouped by size

2,450 sqft 1 units Single Storey Semi-D
RM 340,000 PSF: RM 139
Road Price PSF Size Date
OFF JLN K TRG-BATU RAKIT (PL: 214
RM 340,000
RM 139.00
2,454 sqft
Jan 2023
2,500 sqft 1 units Single Storey Semi-D
RM 350,000 PSF: RM 140
Road Price PSF Size Date
JLN GONG POK JIN - BT RAKIT (P/L:
RM 350,000
RM 140.00
2,508 sqft
Oct 2023
2,650 sqft 1 units Single Storey Semi-D
RM 370,000 PSF: RM 140
Road Price PSF Size Date
OFF JLN BATU RAKIT-K TRG PL11918
RM 370,000
RM 140.00
2,648 sqft
Nov 2023
2,750 sqft 1 units Double Storey Semi-D
RM 450,000 PSF: RM 163
Road Price PSF Size Date
OFF JLN BATU RAKIT-K TRG
RM 450,000
RM 163.00
2,756 sqft
Jun 2023
2,800 sqft 2 units Single Storey Semi-D
RM 370,000 - 375,000 PSF: RM 134
Road Price PSF Size Date
OFF JLN K TRG-BATU RAKIT (PL: 214
RM 375,000
RM 135.00
2,777 sqft
Dec 2023
JLN GONG BADAK - BT RAKIT
RM 370,000
RM 133.00
2,777 sqft
May 2023
2,850 sqft 1 units Single Storey Semi-D
RM 350,000 PSF: RM 122
Road Price PSF Size Date
JLN WAKAF TENGAH - PADANG NANAS(P/L17
RM 350,000
RM 122.00
2,874 sqft
Mar 2023
2,900 sqft 1 units Single Storey Semi-D
RM 370,000 PSF: RM 128
Road Price PSF Size Date
JLN GONG BADAK - BT RAKIT
RM 370,000
RM 128.00
2,895 sqft
Jan 2023
3,050 sqft 1 units Single Storey Semi-D
RM 365,000 PSF: RM 119
Road Price PSF Size Date
OFF JLN K TRG - BATU RAKIT (PL6796)
RM 365,000
RM 119.00
3,068 sqft
Jun 2023
3,200 sqft 1 units Single Storey Semi-D
RM 410,000 PSF: RM 128
Road Price PSF Size Date
JLN GONG BADAK/BT RAKIT (PL 1775
RM 410,000
RM 128.00
3,208 sqft
Dec 2023
3,300 sqft 1 units Single Storey Semi-D
RM 380,000 PSF: RM 115
Road Price PSF Size Date
JLN GONG BADAK - BT RAKIT (PL9257)
RM 380,000
RM 115.00
3,305 sqft
Dec 2023
3,450 sqft 1 units Single Storey Semi-D
RM 380,000 PSF: RM 110
Road Price PSF Size Date
JLN GONG BADAK - BT RAKIT(PL7684)
RM 380,000
RM 110.00
3,466 sqft
Sep 2023
3,850 sqft 2 units Single Storey Semi-D
RM 355,000 - 365,000 PSF: RM 94
Road Price PSF Size Date
JLN GONG BADAK - BT RAKIT(PL7684)
RM 355,000
RM 92.00
3,853 sqft
Jun 2023
JLN GONG BADAK - BT RAKIT
RM 365,000
RM 95.00
3,832 sqft
May 2023
3,950 sqft 2 units Single Storey Semi-D
RM 415,000 - 450,000 PSF: RM 110
Road Price PSF Size Date
JLN GONG BADAK/BT RAKIT (PL 1775
RM 415,000
RM 105.00
3,940 sqft
Oct 2023
JLN K TRG-BATU RAKIT
RM 450,000
RM 114.00
3,961 sqft
Mar 2023
4,050 sqft 1 units Single Storey Semi-D
RM 360,000 PSF: RM 89
Road Price PSF Size Date
OFF JLN K TRG - BATU RAKIT (PL6796)
RM 360,000
RM 89.00
4,058 sqft
Mar 2023
4,200 sqft 1 units Double Storey Semi-D
RM 380,000 PSF: RM 91
Road Price PSF Size Date
JLN GONG BADAK - BT RAKIT
RM 380,000
RM 91.00
4,176 sqft
Mar 2023
6,450 sqft 1 units Detached
RM 500,000 PSF: RM 78
Road Price PSF Size Date
OFF JLN GONG BADAK-BT RAKIT (PL 6944)
RM 500,000
RM 78.00
6,448 sqft
May 2023