TAMAN RAYA (MR-133) WAKAF TAPAI

TAMAN RAYA (MR-133) WAKAF TAPAI in Marang, Terengganu recorded 4 subsale transactions in 2024, with a median price of RM 158K and a median price per square foot (PSF) of RM 99.

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 158K, with most transactions falling within a stable range of RM 130K to RM 187K, and a typical market range of RM 130K to RM 186K.

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

The median PSF stands at RM 99, with core pricing between RM 80 and RM 117. Market pricing typically extends from RM 80.25 to RM 116.75, reflecting moderate variation in unit pricing. The spread of RM 36.50 (IQR) and deviation of RM 19 (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.