Area Intelligence

WAKAF TAPAI

3 properties
Detached
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Median Price
RM 350,000
PSF: RM 65

Residential Market

Median Price

RM 350,000

IQR: RM 91
MAD: RM 10
RM 65 PSF 30.1%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

WAKAF TAPAI in Marang, Terengganu recorded 3 Detached properties subsale transactions between 2021 and 2025 for detached properties, with a median price of RM 350K and a median price per square foot (PSF) of RM 65.

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 300K to RM 412K, and a typical market range of RM 300K to RM 403K.

Within the Detached category, 1 - 1 1/2 storey semi-detached dominated the market, with moderate diversity in property types available.

For price per square foot, the median is RM 65, with most transactions between RM 61 and RM 70. The usual range is RM 48.75 to RM 81.25, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 32.50 and an average deviation (MAD) of RM 5 indicate a highly stable PSF trend across properties.

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.

Area Location

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WAKAF TAPAI, Marang, Terengganu

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Transactions

3 properties grouped by size

4,700 sqft
1 units Detached
RM 300,000
OFF JLN K. BRG / K. TRG (PL83
4,682 sqft · RM 64.00 PSF
Apr 2024
5,400 sqft
1 units Detached
RM 350,000
OFF JLN KUALA BERANG / KUALA TERENG
5,403 sqft · RM 65.00 PSF
Aug 2022
6,100 sqft
1 units Detached
RM 450,000
OFF JLN WAKAF TAPAI-BT PERPAT
6,103 sqft · RM 74.00 PSF
Nov 2023