MAK KEMAS

MAK KEMAS in Marang, Terengganu recorded 28 subsale transactions in 2024, with a median price of RM 43K and a median price per square foot (PSF) of RM 20.

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 43K, with most transactions falling within a stable range of RM 40K to RM 159K, and a typical market range of RM 40K to RM 51K.

Most transactions involved low-cost house, though some variety exists in the market.

Price per square foot shows a median of RM 20, though individual units vary from RM 0 to RM 62 in the core range. The broader market spans RM 19.00 to RM 21.00, indicating diverse property characteristics. A wider spread (IQR: RM 2.00) and deviation (MAD: RM 42) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Moderate transaction volume may require patience when buying or selling.