Rakr Mengabang Lekor (Kt-961)

Terengganu, Kuala Nerus, Batu Rakit

Property Transactions

7 subsales grouped by size

Price Size
Period
transactions middle 50% (P25–P75)
1,100 sqft
LC House
RM30,000
Jalan K.trg- Batu Rakit
1,119 sqft · RM27 PSF
RM150,000
Rumah Awam Mengabang Lekor Ii
1,109 sqft · RM135 PSF
RM30,000
Jalan K.trg- Batu Rakit
1,119 sqft · RM27 PSF
RM130,000
Rumah Awam Mengabang Lekop Ii
1,109 sqft · RM117 PSF
1,150 sqft
LC House
RM30,000
Jalan K.trg- Batu Rakit
1,130 sqft · RM27 PSF
RM167,000
Rumah Awam Mengabang Lekor Ii
1,130 sqft · RM148 PSF
RM100,000
Rumah Awam Mengabang Lekor Ii
1,152 sqft · RM87 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM100,000

RM87 psf

Median transaction price

Rakr Mengabang Lekor (Kt-961) in Kuala Nerus, Terengganu recorded 7 Low-Cost House properties subsale transactions between 2021 and 2026, with a median price of RM100K and a median price per square foot (PSF) of RM87.

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 RM100K, with most transactions falling within a stable range of RM44K to RM156K, and a typical market range of RM35K to RM165K.

Within the Low-Cost House category, low-cost house dominated the market, with moderate diversity in property types available.

Price per square foot shows a median of RM87, though individual units vary from RM37 to RM137 in the core range. The broader market spans RM32.33 to RM141.33, indicating diverse property characteristics. A wider spread (IQR: RM109.00) and deviation (MAD: RM50) 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.