RAKR MENGABANG LEKOR (KT-961)

RAKR MENGABANG LEKOR (KT-961) in Kuala Nerus, Terengganu recorded 7 Low-Cost House properties subsale transactions between 2021 and 2025 for low-cost house properties, with a median price of RM 100K and a median price per square foot (PSF) of RM 87.

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 100K, with most transactions falling within a stable range of RM 44K to RM 156K, and a typical market range of RM 38K to RM 162K.

Within the Low-Cost House category, low-cost house dominated the market, though some variety exists in the market.

Price per square foot shows a median of RM 87, though individual units vary from RM 37 to RM 137 in the core range. The broader market spans RM 31.38 to RM 142.63, indicating diverse property characteristics. A wider spread (IQR: RM 111.25) and deviation (MAD: RM 50) 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.