| 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
|
|
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Market Snapshot
ResidentialRM 210,000
RM 175 psfMedian transaction price
Rakr Wakaf Tengah (Kt 378) in Kuala Nerus, Terengganu recorded 2 subsale transactions in 2025, with a median price of RM 210K and a median price per square foot (PSF) of RM 175.
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 210K, with most transactions falling within a stable range of RM 200K to RM 220K, and a typical market range of RM 200K to RM 220K.
Most transactions involved low-cost house, with minimal variety in property types.
For price per square foot, the median is RM 175, with most transactions between RM 166 and RM 184. The usual range is RM 144.15 to RM 205.90, showing that most units are priced quite close to each other. With an IQR of RM 61.75 and MAD of RM 9, the PSF demonstrates reasonable consistency across the market.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.