RAKR MENGABANG LEKOR (KT-961)

Area Intelligence
2022
Median Price
RM 115,000
PSF: RM 102

Residential PSF Trends

Median Price

RM 115,000

PSF: RM 102

RAKR MENGABANG LEKOR (KT-961) in Kuala Nerus, Terengganu recorded 2 subsale transactions in 2022, 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 100K to RM 130K, and a typical market range of RM 100K to RM 130K.

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

The median PSF stands at RM 102, with core pricing between RM 87 and RM 117. Market pricing typically extends from RM 46.38 to RM 157.63, reflecting moderate variation in unit pricing. With an IQR of RM 111.25 and MAD of RM 15, 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. 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

1,100 sqft
Low-Cost House
RM 130,000
RUMAH AWAM MENGABANG LEKOP II
1,109 sqft · RM 117 PSF
1,150 sqft
Low-Cost House
RM 100,000
RUMAH AWAM MENGABANG LEKOR II
1,152 sqft · RM 87 PSF

No Properties For Sale

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

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