Rakr Mengabang Lekor (Kt-961)

Terengganu, Kuala Nerus, Batu Rakit

Property Transactions

10 subsales grouped by road

Period
transactions middle 50% (P25–P75)
RM30,000
1,119 sqft
RM27 PSF
RM30,000
1,130 sqft
RM27 PSF
RM30,000
1,119 sqft
RM27 PSF
RM167,000
1,130 sqft
RM148 PSF
RM150,000
1,109 sqft
RM135 PSF
RM100,000
1,152 sqft
RM87 PSF
RM380,000
2,508 sqft
RM152 PSF
RM390,000
2,519 sqft
RM155 PSF
RM130,000
1,109 sqft
RM117 PSF
Legend Recent Highest Price Highest PSF

Selling in Rakr Mengabang Lekor (Kt-961)? Homes here sold for a median of RM140,000.

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Market Snapshot

Residential

RM115,000

RM102 psf

Median transaction price

Rakr Mengabang Lekor (Kt-961) in Kuala Nerus, Terengganu recorded 10 subsale transactions between 2021 and 2026, with a median price of RM140K and a median price per square foot (PSF) of RM135.

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 RM140K, with most transactions falling within a stable range of RM65K to RM215K, and a typical market range of RM75K to RM205K.

Most transactions involved low-cost house, with moderate diversity in property types available.

Price per square foot shows a median of RM135, though individual units vary from RM101 to RM169 in the core range. The broader market spans RM80.80 to RM189.80, indicating diverse property characteristics. A wider spread (IQR: RM109.00) and deviation (MAD: RM34) 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.