RAWAI

RAWAI in Marang, Terengganu recorded 5 subsale transactions in 2021, with a median price of RM 310K and a median price per square foot (PSF) of RM 97.

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 300K to RM 324K, and a typical market range of RM 300K to RM 340K.

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

The median PSF stands at RM 97, with core pricing between RM 86 and RM 108. Market pricing typically extends from RM 84.00 to RM 110.00, reflecting moderate variation in unit pricing. With an IQR of RM 26.00 and MAD of RM 11, 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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.