WAKAF TENGAH

WAKAF TENGAH in Kuala Nerus, Terengganu recorded 19 subsale transactions in 2023, with a median price of RM 370K and a median price per square foot (PSF) of RM 119.

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 370K, with most transactions falling within a stable range of RM 344K to RM 397K, and a typical market range of RM 340K to RM 400K.

Most transactions involved 1 - 1 1/2 storey semi-detached, though some variety exists in the market.

The median PSF stands at RM 119, with core pricing between RM 106 and RM 132. Market pricing typically extends from RM 105.38 to RM 132.63, reflecting moderate variation in unit pricing. With an IQR of RM 27.25 and MAD of RM 13, 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.