Maras in Kuala Nerus, Terengganu recorded 2 subsale transactions in 2024, with a median price of RM390K and a median price per square foot (PSF) of RM154.

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 RM390K, with most transactions falling within a stable range of RM350K to RM430K, and a typical market range of RM366K to RM414K.

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

For price per square foot, the median is RM154, with most transactions between RM143 and RM164. The usual range is RM144.07 to RM163.57, showing that most units are priced quite close to each other. A typical spread (IQR) of RM19.50 and an average deviation (MAD) of RM11 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.