WAKAF TENGAH

Area Intelligence

2024

Median Price

RM 360,000

PSF: RM 121

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Residential PSF Trends

Median Price

RM 360,000

PSF: RM 121

WAKAF TENGAH in Kuala Nerus, Terengganu recorded 29 subsale transactions in 2024, with a median price of RM 360K and a median price per square foot (PSF) of RM 121.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

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

For price per square foot, the median is RM 121, with most transactions between RM 121 and RM 121. The usual range is RM 107.38 to RM 134.63, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 27.25 and an average deviation (MAD) of RM 0 indicate a highly stable PSF trend across properties.

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. Moderate transaction volume may require patience when buying or selling.

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WAKAF TENGAH, Kuala Nerus, Terengganu

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