TASEK

TASEK in Marang, Terengganu recorded 16 subsale transactions in 2024, with a median price of RM 365K and a median price per square foot (PSF) of RM 109.

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 365K, with most transactions falling within a stable range of RM 325K to RM 433K, and a typical market range of RM 325K to RM 414K.

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

The median PSF stands at RM 109, with core pricing between RM 87 and RM 130. Market pricing typically extends from RM 90.50 to RM 126.50, reflecting moderate variation in unit pricing. The spread of RM 36.00 (IQR) and deviation of RM 21 (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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.