PAYA RESAK

PAYA RESAK in Marang, Terengganu recorded 5 subsale transactions in 2024, with a median price of RM 390K and a median price per square foot (PSF) of RM 127.

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 390K, with most transactions falling within a stable range of RM 366K to RM 414K, and a typical market range of RM 360K to RM 429K.

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

The median PSF stands at RM 127, with core pricing between RM 110 and RM 144. Market pricing typically extends from RM 105.88 to RM 148.13, reflecting moderate variation in unit pricing. With an IQR of RM 42.25 and MAD of RM 17, 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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.