PADANG MENGKUANG

PADANG MENGKUANG in Marang, Terengganu recorded 2 subsale transactions in 2022, with a median price of RM 395K and a median price per square foot (PSF) of RM 77.

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 395K, with most transactions falling within a stable range of RM 310K to RM 480K, and a typical market range of RM 368K to RM 423K.

Most transactions involved 1 - 1 1/2 storey semi-detached, though some variety exists in the market.

The median PSF stands at RM 77, with core pricing between RM 67 and RM 86. Market pricing typically extends from RM 69.88 to RM 83.13, reflecting moderate variation in unit pricing. With an IQR of RM 13.25 and MAD of RM 10, the PSF demonstrates reasonable consistency across the market.

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.