Binjai Bongkok in Marang, Terengganu recorded 3 subsale transactions in 2023, with a median price of RM350K and a median price per square foot (PSF) of RM103.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM350K, with most transactions falling within a stable range of RM329K to RM370K, and a typical market range of RM337K to RM363K.

Most transactions involved 1 - 1 1/2 storey semi-detached, with minimal variety in property types.

For price per square foot, the median is RM103, with most transactions between RM98 and RM108. The usual range is RM97.28 to RM108.53, showing that most units are priced quite close to each other. A typical spread (IQR) of RM11.25 and an average deviation (MAD) of RM5 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. 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.