Terengganu
Kuala Nerus
Batu Rakit
RAKR WAKAF TENGAH (KT 378)

RAKR WAKAF TENGAH (KT 378)

Area Intelligence

2023

Median Price

RM 25,000

PSF: RM 21

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Residential PSF Trends

Median Price

RM 25,000

PSF: RM 21

RAKR WAKAF TENGAH (KT 378) in Kuala Nerus, Terengganu recorded 5 subsale transactions in 2023, with a median price of RM 25K and a median price per square foot (PSF) of RM 21.

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 25K, with most transactions falling within a stable range of RM 16K to RM 102K, and a typical market range of RM 16K to RM 61K.

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

Price per square foot shows a median of RM 21, though individual units vary from RM 0 to RM 85 in the core range. The broader market spans RM 0.00 to RM 51.88, indicating diverse property characteristics. A wider spread (IQR: RM 61.75) and deviation (MAD: RM 64) 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.

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RAKR WAKAF TENGAH (KT 378), Kuala Nerus, Terengganu

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Transactions

5 transactions grouped by size

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

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Max Price (RM)

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Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

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Road	Price	Land PSF	Land	Date	Type

1,200 sqft

Low-Cost House

1,200 sqft

Low-Cost House

RM 200,000

OFF JALAN K.TRG - BATU RAKIT

1,195 sqft · RM 167 PSF

Dec 2023

RM 25,000

OFF JALAN BATU RAKIT - K TRG

1,195 sqft · RM 21 PSF

Oct 2023

RM 17,000

JALAN K. TRG - BATU RAKIT (KT 378)

1,195 sqft · RM 14 PSF

Sep 2023

RM 16,000

OFF JALAN K.TRG - BATU RAKIT

1,195 sqft · RM 13 PSF

Aug 2023

RM 145,000

OFF JALAN BATU RAKIT-K TRG

1,195 sqft · RM 121 PSF

Jun 2023

OFF JALAN K.TRG - BATU RAKIT	RM 200,000	RM 167	1,195 sqft	Dec 2023
OFF JALAN BATU RAKIT - K TRG	RM 25,000	RM 21	1,195 sqft	Oct 2023
JALAN K. TRG - BATU RAKIT (KT 378)	RM 17,000	RM 14	1,195 sqft	Sep 2023
OFF JALAN K.TRG - BATU RAKIT	RM 16,000	RM 13	1,195 sqft	Aug 2023
OFF JALAN BATU RAKIT-K TRG	RM 145,000	RM 121	1,195 sqft	Jun 2023