Kubang Ikan
Kuala Terengganu, Terengganu · Terraced house · Freehold
Homes in Kubang Ikan have sold for a median of
RM320,000
RM374 psf on the recorded floor area
Half of the 23 recorded sales fell between RM320,000 and RM350,000. One in ten went under RM310,000, one in ten over RM376,000. Sales run from 10 December 2021 to 28 January 2026.
Down 7% from a RM345,000 median in 2023 to RM320,000 in 2025.
These are transacted prices from the land-office record, not asking prices from ads. An ad’s number is a wish; this is the record. What terraced house sell for across Terengganu, beside what ads ask.
How to read this page
The median is the middle sale when every recorded sale here is lined up cheapest to dearest — half sold for less, half for more. The band (p25–p75) is the middle half of those sales. Neither figure is an asking price from an ad, and neither is a valuation of a specific unit. Asking vs transacted.
What kind of home, and what title
The land office groups these sales as terraced house under a Freehold title. Landed homes here are usually compared by whole-house price rather than psf alone; title type still matters when you sell or borrow — strata vs individual title.
Year by year
| Year | Median sold | Per sq ft | Sales |
|---|---|---|---|
| 2021 | RM420,000 | RM277 psf | 1 |
| 2022 | RM350,000 | RM135 psf | 1 |
| 2023 | RM345,000 | RM351 psf | 6 |
| 2024 | RM320,000 | RM374 psf | 5 |
| 2025 | RM320,000 | RM378 psf | 9 |
| 2026 | RM410,000 | RM433 psf | 1 |
A year with only a handful of sales is a handful of sales, not a trend — the movement above is drawn only between years with five or more.
Nearby, and where this one sits
Other terraced house schemes in Kuala Terengganu with enough recorded sales, cheapest first. By median sold price, Kubang Ikan sits 6 of 9 in that set.
Against Terengganu
Across Terengganu, the median recorded sale for terraced house is RM240,000 (RM257 psf), from 1,691 sales. Kubang Ikan’s own median is RM320,000 — higher than that state median. Full Terengganu table.
Cash and monthly on the RM320,000 median
Same worksheet as /cost/, using this scheme’s recorded median, 90% LTV, and the illustrative rate. Not a bank quote.
Cash at offer
- Down payment (10%): RM32,000
- Transfer duty (MOT): RM5,400
- Loan duty (0.5%): RM1,440
- Total cash: RM38,840
- Qualifying first home: RM32,000 (duties exempt)
Monthly carry
- Instalment (35y @ 4.00%): RM1,275
- Total monthly: RM1,275
4.00% p.a. illustrative (rough SBR + bank margin); not a bank quote
Questions this record answers
- What have homes in Kubang Ikan sold for?
- A median of RM320,000 (RM374 psf), from 23 land-office transactions between 10 December 2021 and 28 January 2026.
- What is a typical band here?
- Half of recorded sales fell between RM320,000 and RM350,000. One in ten went under RM310,000; one in ten over RM376,000.
- Has the median moved?
- From RM345,000 in 2023 to RM320,000 in 2025 (-7%), using only years with five or more sales.
Read next
From NAPIC’s open transaction data (Jabatan Penilaian dan Perkhidmatan Harta), extract published 19 May 2026. A scheme appears only with at least 20recorded sales. Scheme names are the land office’s own. How we work this out.