| Road | Price | PSF | Size | Date | Type |
|---|
|
Off Jalan K Trg-Batu Rakit
|
RM 185,000
|
RM 132
|
1,399 sqft
|
|
|
|
Jalan K.trg- Batu Rakit
|
RM 270,000
|
RM 193
|
1,399 sqft
|
|
|
|
Off Jalan Ktrg/Batu Rakit
|
RM 280,000
|
RM 200
|
1,399 sqft
|
|
|
|
Jalan K.trg- Batu Rakit
|
RM 22,000
|
RM 16
|
1,399 sqft
|
|
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Market Snapshot
ResidentialRM 227,500
RM 163 psfMedian transaction price
Rakr Gong Badak Iv (Kt 105-97) in Kuala Nerus, Terengganu recorded 4 subsale transactions between 2021 and 2026, with a median price of RM 228K and a median price per square foot (PSF) of RM 163.
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 228K, with most transactions falling within a stable range of RM 124K to RM 280K, and a typical market range of RM 188K to RM 268K.
Most transactions involved low-cost house, with minimal variety in property types.
Price per square foot shows a median of RM 163, though individual units vary from RM 89 to RM 236 in the core range. The broader market spans RM 144.58 to RM 180.58, indicating diverse property characteristics. A wider spread (IQR: RM 36.00) and deviation (MAD: RM 74) indicate significant PSF variations, likely due to diverse property types or conditions.
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.