PADANG MENGKUANG

PADANG MENGKUANG in Marang, Terengganu recorded 4 subsale transactions in 2023, with a median price of RM 365K and a median price per square foot (PSF) of RM 129.

This area contains both residential and commercial properties. View 3 residential properties or 4 commercial properties separately for more focused analysis.

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 357K to RM 370K, and a typical market range of RM 350K to RM 370K.

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

For price per square foot, the median is RM 129, with most transactions between RM 118 and RM 139. The usual range is RM 101.50 to RM 155.50, showing that most units are priced quite close to each other. With an IQR of RM 54.00 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.