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Market Snapshot
ResidentialRM 72,500
RM 137 psfMedian transaction price
Rumah Pangsa Bukit Kechil I in Kuala Terengganu, Terengganu recorded 0 subsale transactions in 2023, with a median price of RM 73K and a median price per square foot (PSF) of RM 137.
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 73K, with most transactions falling within a stable range of RM 25K to RM 120K, and a typical market range of RM 33K to RM 112K.
Most transactions involved low-cost flat, though some variety exists in the market.
Price per square foot shows a median of RM 137, though individual units vary from RM 51 to RM 222 in the core range. The broader market spans RM 66.63 to RM 206.38, indicating diverse property characteristics. A wider spread (IQR: RM 139.75) and deviation (MAD: RM 86) 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.