Area Intelligence

SERADA

8 properties
2023
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Median Price
RM 310,000
PSF: RM 92

Residential Market

Median Price

RM 310,000

IQR: RM 23
MAD: RM 11
RM 92 PSF 4.4%

PSF Trends (2021-2025)

SERADA in Kuala Terengganu, Terengganu recorded 8 subsale transactions in 2023, with a median price of RM 310K and a median price per square foot (PSF) of RM 92.

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 310K, with most transactions falling within a stable range of RM 240K to RM 380K, and a typical market range of RM 281K to RM 339K.

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 92, though individual units vary from RM 62 to RM 122 in the core range. The broader market spans RM 70.63 to RM 113.38, indicating diverse property characteristics. A wider spread (IQR: RM 42.75) and deviation (MAD: RM 30) indicate significant PSF variations, likely due to diverse property types or conditions.

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.

Area Location

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SERADA, Kuala Terengganu, Terengganu

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Transactions

8 properties grouped by size

2,650 sqft
2 units Single Storey Semi-D
RM 360,000
JLN BANGGOL KATONG (P/L:1137)
2,669 sqft · RM 135.00 PSF
Nov 2023
RM 320,000
OFF JLN SERADA/KEPONG (PL 60374)
2,626 sqft · RM 122.00 PSF
Apr 2023
2,950 sqft
1 units Single Storey Semi-D
RM 345,000
P/L 1137 JLN PENGADANG BARU-BGL
2,971 sqft · RM 116.00 PSF
May 2023
3,100 sqft
1 units Single Storey Semi-D
RM 295,000
OFF JLN SERADA/TASEK (P/L:60979)
3,111 sqft · RM 95.00 PSF
Feb 2023
3,350 sqft
1 units Single Storey Semi-D
RM 300,000
JLN PENGADANG BARU-PASIR TINGGI
3,358 sqft · RM 89.00 PSF
Apr 2023
4,800 sqft
1 units Single Storey Semi-D
RM 300,000
PL 2081 OFF JLN KG BARU-PASIR TINGGI
4,801 sqft · RM 62.00 PSF
Oct 2023
5,950 sqft
1 units Detached
RM 490,000
JLN SERADA-PASIR TINGGI
5,931 sqft · RM 83.00 PSF
Oct 2023
6,150 sqft
1 units Detached
RM 235,000
OFF JLN KEPONG-SERADA
6,168 sqft · RM 38.00 PSF
Sep 2023