RAKR GONG BADAK (KT 108)

RAKR GONG BADAK (KT 108) in Kuala Nerus, Terengganu recorded 6 subsale transactions in 2023, with a median price of RM 180K and a median price per square foot (PSF) of RM 150.

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 180K, with most transactions falling within a stable range of RM 150K to RM 249K, and a typical market range of RM 158K to RM 202K.

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

Price per square foot shows a median of RM 150, though individual units vary from RM 117 to RM 183 in the core range. The broader market spans RM 132.25 to RM 167.75, indicating diverse property characteristics. The spread of RM 35.50 (IQR) and deviation of RM 33 (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.