Area Intelligence

RAKR WAKAF TENGAH (KT 378)

15 properties
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Median Price
RM 150,000
PSF: RM 126

Residential Market

Median Price

RM 150,000

IQR: RM 80
MAD: RM 25
RM 126 PSF 9.5%

PSF Trends (2021-2025)

RAKR WAKAF TENGAH (KT 378) in Kuala Nerus, Terengganu recorded 15 subsale transactions between 2021 and 2025, with a median price of RM 150K 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 150K, with most transactions falling within a stable range of RM 81K to RM 219K, and a typical market range of RM 103K to RM 198K.

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

Price per square foot shows a median of RM 126, though individual units vary from RM 68 to RM 184 in the core range. The broader market spans RM 86.00 to RM 166.00, indicating diverse property characteristics. A wider spread (IQR: RM 80.00) and deviation (MAD: RM 58) 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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RAKR WAKAF TENGAH (KT 378), Kuala Nerus, Terengganu

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Transactions

15 properties grouped by size

1,200 sqft
15 units (showing 6) Low-Cost House
RM 220,000
RAKR W TENGAH, OFF JLN K.TRG - BATU RAKIT
1,195 sqft · RM 184.00 PSF
Feb 2025
RM 140,000
OFF JLN BATU RAKIT-K TRG
1,206 sqft · RM 116.00 PSF
May 2024
RM 17,000
OFF JLN K.TRG - BATU RAKIT
1,195 sqft · RM 14.00 PSF
May 2024
RM 160,000
OFF JLN K.TRG - BATU RAKIT
1,195 sqft · RM 134.00 PSF
Feb 2024
RM 200,000
OFF JLN K.TRG - BATU RAKIT
1,195 sqft · RM 167.00 PSF
Dec 2023
RM 25,000
OFF JLN BATU RAKIT - K TRG
1,195 sqft · RM 21.00 PSF
Oct 2023