TAMAN DESA BARUH TG. DAMAI (KT 4-00)

TAMAN DESA BARUH TG. DAMAI (KT 4-00) in Kuala Nerus, Terengganu recorded 3 subsale transactions in 2021, with a median price of RM 210K and a median price per square foot (PSF) of RM 163.

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 224K.

Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.

For price per square foot, the median is RM 163, with most transactions between RM 159 and RM 167. The usual range is RM 133.38 to RM 192.63, showing that most units are priced quite close to each other. With an IQR of RM 59.25 and MAD of RM 4, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.