SERADA

SERADA in Kuala Terengganu, Terengganu recorded 16 subsale transactions in 2022, with a median price of RM 300K and a median price per square foot (PSF) of RM 96.

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 300K, with most transactions falling within a stable range of RM 265K to RM 340K, and a typical market range of RM 271K to RM 329K.

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

Price per square foot shows a median of RM 96, though individual units vary from RM 72 to RM 120 in the core range. The broader market spans RM 74.63 to RM 117.38, indicating diverse property characteristics. The spread of RM 42.75 (IQR) and deviation of RM 24 (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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.