Rakr Mengabang Lekor (Kt-961) in Kuala Nerus, Terengganu recorded 2 subsale transactions in 2024, with a median price of RM159K and a median price per square foot (PSF) of RM142.

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 RM159K, with most transactions falling within a stable range of RM150K to RM167K, and a typical market range of RM150K to RM167K.

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

For price per square foot, the median is RM142, with most transactions between RM135 and RM148. The usual range is RM87.03 to RM196.03, showing that most units are priced quite close to each other. With an IQR of RM109.00 and MAD of RM6, the PSF demonstrates reasonable consistency across the market.

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.