BATU RAKIT

BATU RAKIT in Kuala Nerus, Terengganu recorded 4 Low-Cost House properties subsale transactions between 2021 and 2025 for low-cost house properties, with a median price of RM 30K and a median price per square foot (PSF) of RM 27.

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 30K, with most transactions falling within a stable range of RM 28K to RM 30K, and a typical market range of RM 25K to RM 30K.

Within the Low-Cost House category, 1 - 1 1/2 storey semi-detached dominated the market, with high diversity across multiple property types.

For price per square foot, the median is RM 27, with most transactions between RM 25 and RM 29. The usual range is RM 10.38 to RM 43.63, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.