KUBANG IKAN in Kuala Terengganu, Terengganu recorded 1 subsale transactions in 2021, with a median price of RM 420K and a median price per square foot (PSF) of RM 130.
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 420K, with most transactions falling within a stable range of RM 415K to RM 425K, and a typical market range of RM 414K to RM 426K.
Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.
The median PSF stands at RM 130, with core pricing between RM 110 and RM 150. Market pricing typically extends from RM 113.75 to RM 146.25, reflecting moderate variation in unit pricing. The spread of RM 32.50 (IQR) and deviation of RM 20 (MAD) suggest moderate price variations reflecting different property features.
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.
