RAWAI

RAWAI in Marang, Terengganu recorded 12 subsale transactions in 2024, with a median price of RM 370K and a median price per square foot (PSF) of RM 102.

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 370K, with most transactions falling within a stable range of RM 320K to RM 420K, and a typical market range of RM 330K to RM 410K.

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 102, though individual units vary from RM 82 to RM 122 in the core range. The broader market spans RM 89.00 to RM 115.00, indicating diverse property characteristics. The spread of RM 26.00 (IQR) and deviation of RM 20 (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.