RAKR GONG BADAK (KT 108)

RAKR GONG BADAK (KT 108) in Kuala Nerus, Terengganu recorded 5 subsale transactions in 2022, with a median price of RM 210K and a median price per square foot (PSF) of RM 171.

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 210K, with most transactions falling within a stable range of RM 170K to RM 278K, and a typical market range of RM 188K to RM 232K.

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

The median PSF stands at RM 171, with core pricing between RM 152 and RM 190. Market pricing typically extends from RM 153.25 to RM 188.75, reflecting moderate variation in unit pricing. With an IQR of RM 35.50 and MAD of RM 19, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.