KUBANG IKAN in Kuala Terengganu, Terengganu recorded 4 subsale transactions in 2024, with a median price of RM 315K and a median price per square foot (PSF) of RM 173.
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 315K, with most transactions falling within a stable range of RM 310K to RM 320K, and a typical market range of RM 309K to RM 321K.
Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.
The median PSF stands at RM 173, with core pricing between RM 153 and RM 193. Market pricing typically extends from RM 156.25 to RM 188.75, reflecting moderate variation in unit pricing. With an IQR of RM 32.50 and MAD of RM 20, the PSF demonstrates reasonable consistency across the market.
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.
