TAMAN ALAMANDA (OFF JALAN SULTAN OMAR) in Kuala Terengganu, Terengganu recorded 2 subsale transactions in 2022, with a median price of RM 230K and a median price per square foot (PSF) of RM 169.
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 230K, with most transactions falling within a stable range of RM 210K to RM 250K, and a typical market range of RM 189K to RM 271K.
Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.
For price per square foot, the median is RM 169, with most transactions between RM 156 and RM 182. The usual range is RM 161.50 to RM 175.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 14.00 and an average deviation (MAD) of RM 13 indicate a highly stable PSF trend across properties.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.