LAYOUT PAK KANCIL II (SE-120) in Setiu, Terengganu recorded 1 subsale transactions in 2023, with a median price of RM 255K and a median price per square foot (PSF) of RM 109.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 255K, with most transactions falling within a stable range of RM 245K to RM 265K, and a typical market range of RM 244K to RM 266K.
Most transactions involved 1 - 1 1/2 storey semi-detached, with minimal variety in property types.
The median PSF stands at RM 109, with core pricing between RM 98 and RM 120. Market pricing typically extends from RM 100.75 to RM 117.25, reflecting moderate variation in unit pricing. With an IQR of RM 16.50 and MAD of RM 11, 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.