Terengganu, Kuala Terengganu, Bandar Kuala Terengganu

FLAT BATAS BARU

Area Intelligence

2023

Median Price

RM 81,500

PSF: RM 131

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Residential PSF Trends

Median Price

RM 81,500

PSF: RM 131

FLAT BATAS BARU in Kuala Terengganu, Terengganu recorded 2 subsale transactions in 2023, with a median price of RM 82K and a median price per square foot (PSF) of RM 131.

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 82K, with most transactions falling within a stable range of RM 23K to RM 140K, and a typical market range of RM 43K to RM 120K.

Most transactions involved low-cost flat, though some variety exists in the market.

Price per square foot shows a median of RM 131, though individual units vary from RM 37 to RM 224 in the core range. The broader market spans RM 58.75 to RM 202.25, indicating diverse property characteristics. A wider spread (IQR: RM 143.50) and deviation (MAD: RM 94) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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FLAT BATAS BARU, Kuala Terengganu, Terengganu

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