RAKR MENGABANG LEKOR (KT-961)

RAKR MENGABANG LEKOR (KT-961) in Kuala Nerus, Terengganu recorded 6 subsale transactions between 2021 and 2025, with a median price of RM 140K 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 140K, with most transactions falling within a stable range of RM 107K to RM 174K, and a typical market range of RM 112K to RM 168K.

Most transactions involved low-cost house, though some variety exists in the market.

Price per square foot shows a median of RM 126, though individual units vary from RM 96 to RM 157 in the core range. The broader market spans RM 100.88 to RM 151.13, indicating diverse property characteristics. The spread of RM 50.25 (IQR) and deviation of RM 31 (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.