RTB PUTERA JAYA (SE-65)

RTB PUTERA JAYA (SE-65) in Setiu, Terengganu recorded 2 subsale transactions in 2023, with a median price of RM 325K and a median price per square foot (PSF) of RM 74.

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 280K to RM 370K, 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.

For price per square foot, the median is RM 74, with most transactions between RM 72 and RM 75. The usual range is RM 67.75 to RM 79.25, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 11.50 and an average deviation (MAD) of RM 2 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.