Area Intelligence

P/L 6535 NO SP (MR/24-08)

3 properties
2023
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Median Price
RM 339,000
PSF: RM 90

Residential Market

Median Price

RM 339,000

RM 90 PSF

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

P/L 6535 NO SP (MR/24-08) in Marang, Terengganu recorded 3 subsale transactions in 2023, with a median price of RM 339K and a median price per square foot (PSF) of RM 90.

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 339K, with most transactions falling within a stable range of RM 300K to RM 412K, and a typical market range of RM 319K to RM 360K.

Most transactions involved 1 - 1 1/2 storey semi-detached, with minimal variety in property types.

For price per square foot, the median is RM 90, with most transactions between RM 82 and RM 98. The usual range is RM 80.25 to RM 99.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 19.50 and an average deviation (MAD) of RM 8 indicate a highly stable PSF trend across properties.

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.

Area Location

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P/L 6535 NO SP (MR/24-08), Marang, Terengganu

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Transactions

3 properties grouped by size

3,350 sqft
2 units Single Storey Semi-D
RM 300,000
OFF JLN BKT PAYONG - BINJAI REN
3,348 sqft · RM 90.00 PSF
Jul 2023
RM 339,000
OFF JLN BKT PAYONG - BINJAI REN
3,326 sqft · RM 102.00 PSF
Jan 2023
5,650 sqft
1 units Detached
RM 470,000
OFF JLN BKT PAYONG - BINJAI REN
5,651 sqft · RM 83.00 PSF
Feb 2023