P/L 348 & 349 PDANG PASAR (KT 19-08) in Kuala Terengganu, Terengganu recorded 3 subsale transactions in 2021, with a median price of RM 325K and a median price per square foot (PSF) of RM 84.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 325K, with most transactions falling within a stable range of RM 305K to RM 345K, and a typical market range of RM 310K to RM 340K.
Most transactions involved 1 - 1 1/2 storey semi-detached, with minimal variety in property types.
The median PSF stands at RM 84, with core pricing between RM 74 and RM 94. Market pricing typically extends from RM 70.50 to RM 97.50, reflecting moderate variation in unit pricing. With an IQR of RM 27.00 and MAD of RM 10, 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.