BATU RAKIT

BATU RAKIT in Kuala Nerus, Terengganu recorded 14 subsale transactions between 2021 and 2025, with a median price of RM 220K and a median price per square foot (PSF) of RM 126.

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 220K, with most transactions falling within a stable range of RM 220K to RM 223K, and a typical market range of RM 220K to RM 230K.

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

For price per square foot, the median is RM 126, with most transactions between RM 124 and RM 128. The usual range is RM 109.38 to RM 142.63, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 33.25 and an average deviation (MAD) of RM 2 indicate a highly stable PSF trend across properties.

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.