BELARA
Residential Market
Median Price
RM 340,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Single Storey Semi-D
48 properties
Median Price
RM 350,000
+1.4% CAGR
Median PSF
RM 99.00
+4.5% CAGR
Detached
8 properties
Median Price
RM 400,000
+4.6% CAGR
Median PSF
RM 65.00
+12.2% CAGR
Single Storey Terraced
5 properties
Median Price
RM 244,000
+2.5% CAGR
Median PSF
RM 154.25
+5.0% CAGR
Double Storey Terraced
2 properties
Median Price
RM 350,000
Median PSF
RM 117.00
+51.6% CAGR
Low-Cost House
2 properties
Median Price
RM 75,000
+300.0% CAGR
Median PSF
RM 62.50
+300.0% CAGR
| Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
|---|---|---|---|---|---|---|
| Single Storey Semi-D | 48 |
RM 350,000
±10K MAD
|
+1.40% |
RM 99.00
±15 MAD
|
+4.51% | |
| Detached | 8 |
RM 400,000
±20K MAD
|
+4.55% |
RM 65.00
±8 MAD
|
+12.22% | |
| Single Storey Terraced | 5 |
RM 244,000
±9K MAD
|
+2.49% |
RM 154.25
±11 MAD
|
+4.99% | |
| Double Storey Terraced | 2 |
RM 350,000
|
- |
RM 117.00
±24 MAD
|
+51.61% | |
| Low-Cost House | 2 |
RM 75,000
±45K MAD
|
+300.00% |
RM 62.50
±38 MAD
|
+300.00% |
BELARA in Kuala Terengganu, Terengganu recorded 3 subsale transactions in 2023, with a median price of RM 340K and a median price per square foot (PSF) of RM 128.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 340K, with most transactions falling within a stable range of RM 330K to RM 357K, and a typical market range of RM 330K to RM 360K.
Most transactions involved 1 - 1 1/2 storey semi-detached, with minimal variety in property types.
Price per square foot shows a median of RM 128, though individual units vary from RM 100 to RM 156 in the core range. The broader market spans RM 116.00 to RM 140.00, indicating diverse property characteristics. The spread of RM 24.00 (IQR) and deviation of RM 28 (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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.
Filter by type, year, price, and size
Transactions
3 properties grouped by size
| Road | Price | PSF | Size | Date | Type |
|---|
|
OFF JLN KUALA TELEMONGPL1494
|
RM 340,000
|
RM 128.00
|
2,659 sqft
|
Feb 2023
|
|
OFF JLN KUALA TELEMONG
|
RM 370,000
|
RM 132.00
|
2,809 sqft
|
Jun 2023
|
|
OFF JLN KUALA TELEMONG
|
RM 330,000
|
RM 71.00
|
4,639 sqft
|
Mar 2023
|