RAKR WAKAF TENGAH (KT 378)

Area Intelligence
2024
Median Price
RM 140,000
PSF: RM 116

Residential PSF Trends

Median Price

RM 140,000

PSF: RM 116

RAKR WAKAF TENGAH (KT 378) in Kuala Nerus, Terengganu recorded 3 subsale transactions in 2024, with a median price of RM 140K and a median price per square foot (PSF) of RM 116.

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 140K, with most transactions falling within a stable range of RM 77K to RM 160K, and a typical market range of RM 104K to RM 160K.

Most transactions involved low-cost house, with minimal variety in property types.

Price per square foot shows a median of RM 116, though individual units vary from RM 63 to RM 169 in the core range. The broader market spans RM 85.13 to RM 146.88, indicating diverse property characteristics. A wider spread (IQR: RM 61.75) and deviation (MAD: RM 53) 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. 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 WAKAF TENGAH (KT 378), Kuala Nerus, Terengganu

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Transactions

3 transactions found

RM 140,000
OFF JALAN BATU RAKIT-K TRG
1,206 sqft RM 116.00 PSF
RM 17,000
OFF JALAN K.TRG - BATU RAKIT
1,195 sqft RM 14.00 PSF
RM 160,000
OFF JALAN K.TRG - BATU RAKIT
1,195 sqft RM 134.00 PSF

No Properties For Sale

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

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