Binjai Rendah

Terengganu, Marang, Bukit Payung

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Market Snapshot

Residential

RM485,000

RM81 psf

Median transaction price

Binjai Rendah
© OpenStreetMap · CARTO

Binjai Rendah, Marang, Terengganu

Binjai Rendah in Marang, Terengganu recorded 0 subsale transactions in 2021, with a median price of RM330K and a median price per square foot (PSF) of RM105.

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 RM330K, with most transactions falling within a stable range of RM315K to RM345K, and a typical market range of RM298K to RM363K.

Most transactions involved 1 - 1 1/2 storey semi-detached, though some variety exists in the market.

For price per square foot, the median is RM105, with most transactions between RM99 and RM111. The usual range is RM100.50 to RM109.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM9.00 and an average deviation (MAD) of RM6 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.