| Road | Price | PSF | Size | Date | Type |
|---|
|
Off Jalan K.trg-Batu Rakit Pl1807
|
RM 345,000
|
RM 117
|
2,960 sqft
|
|
|
|
Off Jalan K.trg-Batu Rakit Pl1807
|
RM 350,000
|
RM 118
|
2,960 sqft
|
|
|
Off Jalan K.trg-Batu Rakit Pl1535
|
RM 400,000
|
RM 131
|
3,057 sqft
|
|
|
Off Jalan Batu Rakit/K.trg
|
RM 380,000
|
RM 99
|
3,832 sqft
|
|
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Market Snapshot
ResidentialRM 365,000
RM 117 psfMedian transaction price
Kubur Sharif Padang Nenas in Kuala Nerus, Terengganu recorded 4 subsale transactions in 2022, with a median price of RM 365K 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 365K, with most transactions falling within a stable range of RM 345K to RM 387K, 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.
For price per square foot, the median is RM 117, with most transactions between RM 106 and RM 129. The usual range is RM 104.15 to RM 130.65, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 26.50 and an average deviation (MAD) of RM 11 indicate a highly stable PSF trend across properties.
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.