WAKAF TAPAI

WAKAF TAPAI in Marang, Terengganu recorded 3 subsale transactions in 2022, with a median price of RM 238K 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 238K, with most transactions falling within a stable range of RM 230K to RM 293K, and a typical market range of RM 230K to RM 291K.

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

The median PSF stands at RM 87, with core pricing between RM 75 and RM 99. Market pricing typically extends from RM 70.75 to RM 103.25, reflecting moderate variation in unit pricing. With an IQR of RM 32.50 and MAD of RM 12, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.