Padang Mengkuang in Marang, Terengganu recorded 2 subsale transactions in 2022, with a median price of RM395K and a median price per square foot (PSF) of RM76.

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 RM395K, with most transactions falling within a stable range of RM310K to RM480K, and a typical market range of RM368K to RM423K.

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

The median PSF stands at RM76, with core pricing between RM67 and RM86. Market pricing typically extends from RM69.82 to RM83.07, reflecting moderate variation in unit pricing. With an IQR of RM13.25 and MAD of RM10, 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.