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Nearby areas in Batu Rakit
Batu Rakit
Wakaf Tengah
Gong Pak Jin/Pak Tuyu
Pagar Besi
Rakr Wakaf Tengah (Kt 378)
Rakr Gong Badak Iv (Kt 105-97)
Padang Nenas
Rakr Alor Jambu (Kt 67-99) Kubur Sharif
Mengabang Telipot
Rakr Mengabang Lekor (Kt-961)
Mengabang Telong
Kubur Sharif Padang Nenas
PSF median price per sq ft · 12m its change over the past 12 months
Most-traded areas in this mukim, by number of recorded subsale transactions. See every area in Batu Rakit
Market Snapshot
ResidentialRM495,000
RM89 psfMedian transaction price
MENGABANG TELIPOT, Batu Rakit, 21030, Kuala Nerus, Terengganu, Malaysia
Mengabang Telipot in Kuala Nerus, Terengganu recorded 0 subsale transactions in 2023, with a median price of RM360K and a median price per square foot (PSF) of RM120.
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 RM360K, with most transactions falling within a stable range of RM225K to RM495K, and a typical market range of RM272K to RM449K.
Most transactions involved 1 - 1 1/2 storey semi-detached, with high diversity across multiple property types.
Price per square foot shows a median of RM120, though individual units vary from RM89 to RM151 in the core range. The broader market spans RM97.00 to RM143.00, indicating diverse property characteristics. A wider spread (IQR: RM46.00) and deviation (MAD: RM31) indicate significant PSF variations, likely due to diverse property types or conditions.
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.