| Road | Price | PSF | Size | Date | Type |
|---|
|
Off Jalan Batu Rakit-K Trg
|
RM 200,000
|
RM 166
|
1,206 sqft
|
|
|
|
Rakr W Tengah, Off Jalan K.trg - Batu Rakit
|
RM 220,000
|
RM 184
|
1,195 sqft
|
|
|
|
Off Jalan Batu Rakit-K Trg
|
RM 140,000
|
RM 116
|
1,206 sqft
|
|
|
|
Off Jalan K.trg - Batu Rakit
|
RM 17,000
|
RM 14
|
1,195 sqft
|
|
|
|
Off Jalan K.trg - Batu Rakit
|
RM 160,000
|
RM 134
|
1,195 sqft
|
|
|
|
Off Jalan K.trg - Batu Rakit
|
RM 200,000
|
RM 167
|
1,195 sqft
|
|
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Market Snapshot
ResidentialRM 155,000
RM 130 psfMedian transaction price
Rakr Wakaf Tengah (Kt 378) in Kuala Nerus, Terengganu recorded 16 subsale transactions between 2021 and 2026, with a median price of RM 155K and a median price per square foot (PSF) of RM 141.
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 155K, with most transactions falling within a stable range of RM 130K to RM 180K, and a typical market range of RM 119K to RM 191K.
Most transactions involved low-cost house, with minimal variety in property types.
The median PSF stands at RM 141, with core pricing between RM 120 and RM 162. Market pricing typically extends from RM 110.13 to RM 171.89, reflecting moderate variation in unit pricing. With an IQR of RM 61.75 and MAD of RM 21, 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.