TAMAN SEMARAK (KT 46-97)

TAMAN SEMARAK (KT 46-97) in Kuala Nerus, Terengganu recorded 5 subsale transactions in 2022, with a median price of RM 270K and a median price per square foot (PSF) of RM 236.

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 270K, with most transactions falling within a stable range of RM 180K to RM 361K, and a typical market range of RM 196K to RM 344K.

Most transactions involved 2 - 2 1/2 storey semi-det, with moderate diversity in property types available.

The median PSF stands at RM 236, with core pricing between RM 190 and RM 282. Market pricing typically extends from RM 192.00 to RM 280.00, reflecting moderate variation in unit pricing. The spread of RM 88.00 (IQR) and deviation of RM 46 (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.