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

RAKR MENGABANG LEKOR (KT-961)

Area Intelligence

2024

Median Price

RM 158,500

PSF: RM 142

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Residential PSF Trends

Median Price

RM 158,500

PSF: RM 142

RAKR MENGABANG LEKOR (KT-961) in Kuala Nerus, Terengganu recorded 2 subsale transactions in 2024, with a median price of RM 159K and a median price per square foot (PSF) of RM 142.

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 159K, with most transactions falling within a stable range of RM 150K to RM 167K, and a typical market range of RM 150K to RM 167K.

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

For price per square foot, the median is RM 142, with most transactions between RM 135 and RM 148. The usual range is RM 85.88 to RM 197.13, showing that most units are priced quite close to each other. With an IQR of RM 111.25 and MAD of RM 7, 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.

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

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