PAYA RESAK

PAYA RESAK in Marang, Terengganu recorded 5 subsale transactions in 2022, with a median price of RM 350K and a median price per square foot (PSF) of RM 96.

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 350K, with most transactions falling within a stable range of RM 270K to RM 430K, and a typical market range of RM 311K to RM 389K.

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

Price per square foot shows a median of RM 96, though individual units vary from RM 74 to RM 118 in the core range. The broader market spans RM 74.88 to RM 117.13, indicating diverse property characteristics. The spread of RM 42.25 (IQR) and deviation of RM 22 (MAD) suggest moderate price variations reflecting different property features.

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.