RAKR GONG BADAK IV (KT 105-97)

RAKR GONG BADAK IV (KT 105-97) in Kuala Nerus, Terengganu recorded 2 subsale transactions in 2021, with a median price of RM 165K 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 165K, with most transactions falling within a stable range of RM 130K to RM 200K, and a typical market range of RM 125K to RM 205K.

Most transactions involved low-cost house, with minimal variety in property types.

The median PSF stands at RM 118, with core pricing between RM 103 and RM 133. Market pricing typically extends from RM 100.00 to RM 136.00, reflecting moderate variation in unit pricing. With an IQR of RM 36.00 and MAD of RM 15, the PSF demonstrates reasonable consistency across the market.

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.