P/L 2411 NO SP (KT/119-04)

P/L 2411 NO SP (KT/119-04) in Kuala Terengganu, Terengganu recorded 2 subsale transactions in 2022, with a median price of RM 293K and a median price per square foot (PSF) of RM 96.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 293K, with most transactions falling within a stable range of RM 285K to RM 300K, and a typical market range of RM 289K to RM 296K.

Most transactions involved 1 - 1 1/2 storey semi-detached, with minimal variety in property types.

For price per square foot, the median is RM 96, with most transactions between RM 89 and RM 102. The usual range is RM 90.00 to RM 101.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 11.00 and an average deviation (MAD) of RM 7 indicate a highly stable PSF trend across properties.

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.