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Market Snapshot
ResidentialRM 440,000
RM 132 psfMedian transaction price
Kubur Sharif Padang Nenas in Kuala Nerus, Terengganu recorded 0 subsale transactions in 2021, with a median price of RM 365K and a median price per square foot (PSF) of RM 118.
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 365K, with most transactions falling within a stable range of RM 348K to RM 383K, and a typical market range of RM 346K to RM 384K.
Most transactions involved 1 - 1 1/2 storey semi-detached, though some variety exists in the market.
The median PSF stands at RM 118, with core pricing between RM 104 and RM 132. Market pricing typically extends from RM 104.25 to RM 130.75, reflecting moderate variation in unit pricing. With an IQR of RM 26.50 and MAD of RM 14, 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. 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.