| Road | Price | PSF | Size | Date | Type |
|---|
|
Off Jalan K Trg-Batu Rakit
|
RM 170,000
|
RM 121
|
1,410 sqft
|
|
|
|
Jalan K.trg - Batu Rakit
|
RM 210,000
|
RM 150
|
1,399 sqft
|
|
|
|
Off Jalan K Trg-Batu Rakit
|
RM 240,000
|
RM 172
|
1,399 sqft
|
|
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Market Snapshot
ResidentialRM 210,000
RM 150 psfMedian transaction price
Rakr Gong Badak Iv (Kt 105-97) in Kuala Nerus, Terengganu recorded 3 subsale transactions in 2023, with a median price of RM 210K and a median price per square foot (PSF) of RM 150.
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 210K, with most transactions falling within a stable range of RM 181K to RM 239K, and a typical market range of RM 170K to RM 240K.
Most transactions involved low-cost house, with minimal variety in property types.
The median PSF stands at RM 150, with core pricing between RM 129 and RM 171. Market pricing typically extends from RM 132.07 to RM 168.07, reflecting moderate variation in unit pricing. With an IQR of RM 36.00 and MAD of RM 21, 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.