TAMAN SRI KOLAM (KT(B) 43-96)

TAMAN SRI KOLAM (KT(B) 43-96) in Kuala Terengganu, Terengganu recorded 3 subsale transactions in 2023, with a median price of RM 145K and a median price per square foot (PSF) of RM 241.

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 145K, with most transactions falling within a stable range of RM 114K to RM 177K, and a typical market range of RM 119K to RM 171K.

Most transactions involved condominium/apartment, with high diversity across multiple property types.

The median PSF stands at RM 241, with core pricing between RM 198 and RM 284. Market pricing typically extends from RM 193.50 to RM 288.50, reflecting moderate variation in unit pricing. The spread of RM 95.00 (IQR) and deviation of RM 43 (MAD) suggest moderate price variations reflecting different property features.

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.