Terengganu
Kuala Nerus
Batu Rakit
RAKR MENGABANG LEKOR (KT-961)

RAKR MENGABANG LEKOR (KT-961)

Area Intelligence

2023

Median Price

RM 105,000

PSF: RM 97

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Residential PSF Trends

Median Price

RM 105,000

PSF: RM 97

RAKR MENGABANG LEKOR (KT-961) in Kuala Nerus, Terengganu recorded 2 subsale transactions in 2023, with a median price of RM 105K and a median price per square foot (PSF) of RM 97.

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 105K, with most transactions falling within a stable range of RM 30K to RM 180K, and a typical market range of RM 43K to RM 167K.

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

Price per square foot shows a median of RM 97, though individual units vary from RM 27 to RM 167 in the core range. The broader market spans RM 41.38 to RM 152.63, indicating diverse property characteristics. A wider spread (IQR: RM 111.25) and deviation (MAD: RM 70) 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

2 transactions grouped by size

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

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Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

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Road	Price	Land PSF	Land	Date	Type

1,100 sqft

RM 30,000

JALAN K.TRG- BATU RAKIT

1,119 sqft · RM 27 PSF

Aug 2023

RM 180,000

RAKR MENGABANG LEKOR OFF JALAN KT-BATU RAKIT

1,076 sqft · RM 167 PSF

Jul 2023

JALAN K.TRG- BATU RAKIT	RM 30,000	RM 27	1,119 sqft	Aug 2023	Low-Cost House
RAKR MENGABANG LEKOR OFF JALAN KT-BATU RAKIT	RM 180,000	RM 167	1,076 sqft	Jul 2023	Single Storey Terraced