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Terengganu, Kuala Nerus, Batu Rakit

RAKR MENGABANG LEKOR (KT-961)

Area Intelligence
Median Price
RM 115,000
PSF: RM 102
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Residential PSF Trends

Median Price

RM 115,000

PSF: RM 102

RAKR MENGABANG LEKOR (KT-961) in Kuala Nerus, Terengganu recorded 8 subsale transactions between 2021 and 2025, with a median price of RM 115K and a median price per square foot (PSF) of RM 102.

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 115K, with most transactions falling within a stable range of RM 57K to RM 174K, and a typical market range of RM 53K to RM 177K.

Most transactions involved low-cost house, though some variety exists in the market.

Price per square foot shows a median of RM 102, though individual units vary from RM 47 to RM 158 in the core range. The broader market spans RM 46.38 to RM 157.63, indicating diverse property characteristics. A wider spread (IQR: RM 111.25) and deviation (MAD: RM 56) 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.

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RAKR MENGABANG LEKOR (KT-961), Kuala Nerus, Terengganu

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Transactions

8 transactions grouped by size

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1,100 sqft
RM 30,000
JALAN K.TRG- BATU RAKIT
1,119 sqft · RM 27 PSF
RM 150,000
RUMAH AWAM MENGABANG LEKOR II
1,109 sqft · RM 135 PSF
RM 30,000
JALAN K.TRG- BATU RAKIT
1,119 sqft · RM 27 PSF
RM 180,000
RAKR MENGABANG LEKOR OFF JALAN KT-BATU RAKIT
1,076 sqft · RM 167 PSF
RM 130,000
RUMAH AWAM MENGABANG LEKOP II
1,109 sqft · RM 117 PSF
1,150 sqft
Low-Cost House
RM 30,000
JALAN K.TRG- BATU RAKIT
1,130 sqft · RM 27 PSF
RM 167,000
RUMAH AWAM MENGABANG LEKOR II
1,130 sqft · RM 148 PSF
RM 100,000
RUMAH AWAM MENGABANG LEKOR II
1,152 sqft · RM 87 PSF

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There are currently no properties listed for sale in this area.

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