LOSONG

LOSONG in Kuala Terengganu, Terengganu recorded 4 subsale transactions in 2022, with a median price of RM 480K and a median price per square foot (PSF) of RM 153.

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 480K, with most transactions falling within a stable range of RM 360K to RM 600K, and a typical market range of RM 444K to RM 516K.

Most transactions involved 2 - 2 1/2 storey semi-detached, with moderate diversity in property types available.

The median PSF stands at RM 153, with core pricing between RM 128 and RM 178. Market pricing typically extends from RM 128.50 to RM 177.50, reflecting moderate variation in unit pricing. The spread of RM 49.00 (IQR) and deviation of RM 25 (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.