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 440K to RM 520K, and a typical market range of RM 433K to RM 528K.
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 72 to RM 130 in the core range. The broader market spans RM 74.25 to RM 127.75, indicating diverse property characteristics. A wider spread (IQR: RM 53.50) and deviation (MAD: RM 29) indicate significant PSF variations, likely due to diverse property types or conditions.
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.
