Rakr Wakaf Tengah (Kt 378)

Terengganu, Kuala Nerus, Batu Rakit

Property Transactions

5 subsales grouped by size

Median
RM 25,000
PSF
RM 21
Price Size
Period
transactions middle 50% (P25–P75)
1,200 sqft
LC House
RM 200,000
Off Jalan K.trg - Batu Rakit
1,195 sqft · RM 167 PSF
RM 25,000
Off Jalan Batu Rakit - K Trg
1,195 sqft · RM 21 PSF
RM 17,000
Jalan K. Trg - Batu Rakit (Kt 378)
1,195 sqft · RM 14 PSF
RM 16,000
Off Jalan K.trg - Batu Rakit
1,195 sqft · RM 13 PSF
RM 145,000
Off Jalan Batu Rakit-K Trg
1,195 sqft · RM 121 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM 25,000

RM 21 psf

Median transaction price

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 51.80, indicating diverse property characteristics. A wider spread (IQR: RM 61.75) and deviation (MAD: RM 65) 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.