Area Intelligence

BATU RAKIT

13 properties
2021
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Median Price
RM 300,000
PSF: RM 97

Residential Market

Median Price

RM 300,000

IQR: RM 46
MAD: RM 23
RM 97 PSF 1.2%

PSF Trends (2021-2025)

BATU RAKIT in Kuala Nerus, Terengganu recorded 13 subsale transactions in 2021, with a median price of RM 300K and a median price per square foot (PSF) of RM 97.

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 300K, with most transactions falling within a stable range of RM 202K to RM 398K, and a typical market range of RM 237K to RM 363K.

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

Price per square foot shows a median of RM 97, though individual units vary from RM 43 to RM 151 in the core range. The broader market spans RM 80.38 to RM 113.63, indicating diverse property characteristics. A wider spread (IQR: RM 33.25) and deviation (MAD: RM 54) indicate significant PSF variations, likely due to diverse property types or conditions.

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.

Area Location

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BATU RAKIT, Kuala Nerus, Terengganu

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Transactions

13 properties grouped by size

1,100 sqft
1 units Low-Cost House
RM 30,000
MGBANG LEKOR K.TRG-BATU RAKIT
1,109 sqft · RM 27.00 PSF
Sep 2021
1,700 sqft
1 units Double Storey Terraced
RM 450,000
OFF JLN BATU RAKIT-K TRG
1,690 sqft · RM 266.00 PSF
Dec 2021
1,750 sqft
1 units Single Storey Terraced
RM 220,000
OFF JLN BATU RAKIT-MARAS
1,755 sqft · RM 125.00 PSF
Dec 2021
1,850 sqft
1 units Single Storey Terraced
RM 228,000
OFF JLN BATU RAKIT-MARAS
1,851 sqft · RM 123.00 PSF
Oct 2021
2,550 sqft
1 units Single Storey Semi-D
RM 300,000
OFF JLN K TRG-BATU RAKIT (PL 9280)
2,562 sqft · RM 117.00 PSF
Dec 2021
2,650 sqft
1 units Single Storey Semi-D
RM 285,000
OFF JLN BATU RAKIT-MARAS (PL: 7565
2,626 sqft · RM 109.00 PSF
Dec 2021
2,850 sqft
1 units Single Storey Semi-D
RM 320,000
OFF JLN K TRG-BATU RAKIT
2,874 sqft · RM 111.00 PSF
Dec 2021
3,100 sqft
1 units Single Storey Semi-D
RM 285,000
JLN KT - BATU RAKIT
3,111 sqft · RM 92.00 PSF
Oct 2021
3,350 sqft
1 units Single Storey Semi-D
RM 288,000
OFF JLN BATU RAKIT-MARAS (PL 22094)
3,337 sqft · RM 86.00 PSF
Feb 2021
3,600 sqft
2 units Single Storey Semi-D
RM 350,000
OFF JLN K TRG-BATU RAKIT (PL 13
3,606 sqft · RM 97.00 PSF
Dec 2021
RM 340,000
OFF JLN K TRG-BATU RAKIT (PL 9280)
3,606 sqft · RM 94.00 PSF
Nov 2021
4,400 sqft
1 units Detached
RM 420,000
OFF JLN MERANG-BATU RAKIT
4,424 sqft · RM 95.00 PSF
Nov 2021
6,950 sqft
1 units Detached
RM 309,000
OFF JALAN BATU RAKIT
6,943 sqft · RM 45.00 PSF
Oct 2021

Auction Properties

1 auction properties in BATU RAKIT