Area Intelligence

PAYA RESAK

5 properties
2023
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Median Price
RM 420,000
PSF: RM 87

Residential Market

Median Price

RM 420,000

IQR: RM 23
MAD: RM 10
RM 87 PSF 21.6%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

PAYA RESAK in Marang, Terengganu recorded 5 subsale transactions in 2023, with a median price of RM 420K and a median price per square foot (PSF) of RM 87.

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 420K, with most transactions falling within a stable range of RM 333K to RM 500K, and a typical market range of RM 381K to RM 459K.

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 87, though individual units vary from RM 64 to RM 110 in the core range. The broader market spans RM 65.88 to RM 108.13, indicating diverse property characteristics. A wider spread (IQR: RM 42.25) and deviation (MAD: RM 23) indicate significant PSF variations, likely due to diverse property types or conditions.

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.

Area Location

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PAYA RESAK, Marang, Terengganu

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Transactions

5 properties grouped by size

3,000 sqft
1 units Single Storey Semi-D
RM 420,000
JALAN BUKIT PAYUNG - PAYA RESAK
3,025 sqft · RM 139.00 PSF
Oct 2023
3,100 sqft
2 units Single Storey Semi-D
RM 265,000
OFF JLN PAYA RESAK
3,100 sqft · RM 85.00 PSF
Nov 2023
RM 350,000
OFF JLN K.TRG/BKT PYG
3,078 sqft · RM 114.00 PSF
Feb 2023
5,750 sqft
1 units Detached
RM 500,000
OFF JLN PAYA RESAK - BKT PAYONG
5,759 sqft · RM 87.00 PSF
Dec 2023
6,100 sqft
1 units Detached
RM 480,000
JLN SURAU HJ YAACOB (PL 52731)
6,114 sqft · RM 79.00 PSF
Jun 2023