KUBANG IKAN

KUBANG IKAN in Kuala Terengganu, Terengganu recorded 4 subsale transactions in 2023, with a median price of RM 330K and a median price per square foot (PSF) of RM 123.

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 330K, with most transactions falling within a stable range of RM 294K to RM 366K, and a typical market range of RM 322K to RM 338K.

Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.

For price per square foot, the median is RM 123, with most transactions between RM 114 and RM 131. The usual range is RM 105.38 to RM 139.63, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 34.25 and an average deviation (MAD) of RM 8 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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.