RAKR ALOR JAMBU (KT 67-99) KUBUR SHARIF

RAKR ALOR JAMBU (KT 67-99) KUBUR SHARIF in Kuala Nerus, Terengganu recorded 4 subsale transactions in 2022, with a median price of RM 159K and a median price per square foot (PSF) of RM 138.

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 159K, with most transactions falling within a stable range of RM 129K to RM 175K, and a typical market range of RM 128K to RM 175K.

Most transactions involved low-cost house, with minimal variety in property types.

The median PSF stands at RM 138, with core pricing between RM 112 and RM 164. Market pricing typically extends from RM 111.50 to RM 164.50, reflecting moderate variation in unit pricing. The spread of RM 53.00 (IQR) and deviation of RM 26 (MAD) suggest moderate price variations reflecting different property features.

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.