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Wakaf Mesira in Kuala Terengganu, Terengganu recorded 0 subsale transactions in 2021, with a median price of RM 280K and a median price per square foot (PSF) of RM 100.
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 280K, with most transactions falling within a stable range of RM 195K to RM 365K, and a typical market range of RM 235K to RM 325K.
Most transactions involved 1 - 1 1/2 storey semi-detached, though some variety exists in the market.
The median PSF stands at RM 100, with core pricing between RM 88 and RM 112. Market pricing typically extends from RM 91.50 to RM 108.50, reflecting moderate variation in unit pricing. With an IQR of RM 17.00 and MAD of RM 12, the PSF demonstrates reasonable consistency across the market.
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.