Rakr Gong Badak Iv (Kt 105-97)

Terengganu, Kuala Nerus, Batu Rakit

Property Transactions

3 subsales grouped by size · LC House →

Price Size
Period
transactions middle 50% (P25–P75)
1,400 sqft
LC House
RM 280,000
Off Jalan Ktrg/Batu Rakit
1,399 sqft · RM 200 PSF
RM 22,000
Jalan K.trg- Batu Rakit
1,399 sqft · RM 16 PSF
RM 22,000
Off Jalan K Trg-Batu Rakit
1,399 sqft · RM 16 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM 22,000

RM 16 psf

Median transaction price

Rakr Gong Badak Iv (Kt 105-97) in Kuala Nerus, Terengganu recorded 3 subsale transactions in 2024, with a median price of RM 22K and a median price per square foot (PSF) of RM 16.

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 22K, with most transactions falling within a stable range of RM 22K to RM 144K, and a typical market range of RM 22K to RM 62K.

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

Price per square foot shows a median of RM 16, though individual units vary from RM 0 to RM 103 in the core range. The broader market spans RM 0.00 to RM 33.72, indicating diverse property characteristics. A wider spread (IQR: RM 36.00) and deviation (MAD: RM 87) 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.