JLN CHERONG LANJUT

JLN CHERONG LANJUT in Kuala Terengganu, Terengganu recorded 6 subsale transactions in 2024, with a median price of RM 460K and a median price per square foot (PSF) of RM 327.

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 RM 460K, with most transactions falling within a stable range of RM 450K to RM 538K, and a typical market range of RM 450K to RM 551K.

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

The median PSF stands at RM 327, with core pricing between RM 268 and RM 386. Market pricing typically extends from RM 264.75 to RM 389.25, reflecting moderate variation in unit pricing. The spread of RM 124.50 (IQR) and deviation of RM 59 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.