WAKAF TEMBESU

WAKAF TEMBESU in Kuala Nerus, Terengganu recorded 13 subsale transactions in 2023, with a median price of RM 400K and a median price per square foot (PSF) of RM 179.

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 400K, with most transactions falling within a stable range of RM 360K to RM 468K, and a typical market range of RM 379K to RM 421K.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

Price per square foot shows a median of RM 179, though individual units vary from RM 118 to RM 240 in the core range. The broader market spans RM 110.88 to RM 247.13, indicating diverse property characteristics. A wider spread (IQR: RM 136.25) and deviation (MAD: RM 61) 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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.