RAKR BUKIT PAYUNG (MR 44-02)

RAKR BUKIT PAYUNG (MR 44-02) in Marang, Terengganu recorded 3 subsale transactions in 2024, with a median price of RM 200K and a median price per square foot (PSF) of RM 153.

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 200K, with most transactions falling within a stable range of RM 165K to RM 235K, and a typical market range of RM 179K to RM 221K.

Most transactions involved low-cost house, though some variety exists in the market.

The median PSF stands at RM 153, with core pricing between RM 136 and RM 170. Market pricing typically extends from RM 138.75 to RM 167.25, reflecting moderate variation in unit pricing. With an IQR of RM 28.50 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. 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.