JALAN CHERONG LANJUT

JALAN CHERONG LANJUT in Kuala Terengganu, Terengganu recorded 4 subsale transactions in 2022, with a median price of RM 625K and a median price per square foot (PSF) of RM 437.

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 625K, with most transactions falling within a stable range of RM 595K to RM 655K, and a typical market range of RM 538K to RM 713K.

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

The median PSF stands at RM 437, with core pricing between RM 369 and RM 505. Market pricing typically extends from RM 374.25 to RM 498.75, reflecting moderate variation in unit pricing. The spread of RM 124.50 (IQR) and deviation of RM 68 (MAD) suggest moderate price variations reflecting different property features.

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.