KUBANG PARIT

KUBANG PARIT in Kuala Terengganu, Terengganu recorded 3 subsale transactions in 2023, with a median price of RM 480K and a median price per square foot (PSF) of RM 101.

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 480K, with most transactions falling within a stable range of RM 435K to RM 713K, and a typical market range of RM 435K to RM 530K.

Most transactions involved 1 - 1 1/2 storey semi-detached, with high diversity across multiple property types.

Price per square foot shows a median of RM 101, though individual units vary from RM 79 to RM 123 in the core range. The broader market spans RM 79.00 to RM 123.00, indicating diverse property characteristics. The spread of RM 44.00 (IQR) and deviation of RM 22 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.