TEPOH

TEPOH in Kuala Nerus, Terengganu recorded 11 subsale transactions in 2023, with a median price of RM 385K and a median price per square foot (PSF) of RM 93.

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 385K, with most transactions falling within a stable range of RM 313K to RM 457K, and a typical market range of RM 325K to RM 445K.

Most transactions involved 1 - 1 1/2 storey semi-detached, though some variety exists in the market.

Price per square foot shows a median of RM 93, though individual units vary from RM 69 to RM 117 in the core range. The broader market spans RM 79.25 to RM 106.75, indicating diverse property characteristics. A wider spread (IQR: RM 27.50) and deviation (MAD: RM 24) indicate significant PSF variations, likely due to diverse property types or conditions.

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.