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

Area Intelligence

2023

Median Price

RM 145,000

PSF: RM 241

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Residential PSF Trends

Median Price

RM 145,000

PSF: RM 241

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 98K to RM 192K, and a typical market range of RM 119K to RM 171K.

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

Price per square foot shows a median of RM 241, though individual units vary from RM 175 to RM 307 in the core range. The broader market spans RM 193.50 to RM 288.50, indicating diverse property characteristics. A wider spread (IQR: RM 95.00) and deviation (MAD: RM 66) 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN SRI KOLAM (KT(B) 43-96), Kuala Terengganu, Terengganu

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