Area Intelligence

TAMAN RIMBA SQUARE

2 properties
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Median Price
RM 1,070,000
PSF: RM 765

Commercial Market

Median Price

RM 1,070,000

IQR: RM 86
MAD: RM 86
RM 765 PSF

PSF Trends (2021-2025)

TAMAN RIMBA SQUARE in Kuala Nerus, Terengganu recorded 2 subsale transactions between 2021 and 2025, with a median price of RM 1.07 million and a median price per square foot (PSF) of RM 765.

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

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 1.07 million, with most transactions falling within a stable range of RM 950K to RM 1.19 million, and a typical market range of RM 1.01 million to RM 1.13 million.

Most transactions involved 3 - 3 1/2 storey shop, with minimal variety in property types.

The median PSF stands at RM 765, with core pricing between RM 679 and RM 850. Market pricing typically extends from RM 721.75 to RM 807.25, reflecting moderate variation in unit pricing. With an IQR of RM 85.50 and MAD of RM 86, 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.

Area Location

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TAMAN RIMBA SQUARE, Kuala Nerus, Terengganu

OSM

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Transactions

2 properties grouped by size

1,400 sqft 2 units 3-Storey Storey Shop
RM 950,000 - 1,190,000 PSF: RM 765
Road Price PSF Size Date
OFF JALAN SEMARAK
RM 950,000
RM 679.00
1,399 sqft
Nov 2023
RIMBA SQUARE
RM 1,190,000
RM 850.00
1,399 sqft
Aug 2023