| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Wakaf Tengah-Maras
|
RM 100,000
|
RM 86
|
1,163 sqft
|
|
|
|
Jalan Wakaf Tengah-Maras
|
RM 147,000
|
RM 128
|
1,152 sqft
|
|
|
|
Jalan Wakaf Tengah-Maras
|
RM 170,000
|
RM 148
|
1,152 sqft
|
|
|
|
Off Jalan Padang Nanas-Maras
|
RM 175,000
|
RM 151
|
1,163 sqft
|
|
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Market Snapshot
ResidentialRM 158,500
RM 138 psfMedian transaction price
Rakr Alor Jambu (Kt 67-99) Kubur Sharif in Kuala Nerus, Terengganu recorded 4 subsale transactions in 2022, with a median price of RM 159K and a median price per square foot (PSF) of RM 138.
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 159K, with most transactions falling within a stable range of RM 129K to RM 175K, and a typical market range of RM 132K to RM 175K.
Most transactions involved low-cost house, with minimal variety in property types.
The median PSF stands at RM 138, with core pricing between RM 112 and RM 163. Market pricing typically extends from RM 114.62 to RM 160.62, reflecting moderate variation in unit pricing. The spread of RM 46.00 (IQR) and deviation of RM 26 (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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.