Padang Mengkuang in Marang, Terengganu recorded 4 subsale transactions in 2023, with a median price of RM365K and a median price per square foot (PSF) of RM128.

This area contains both residential and commercial properties. View 3 residential properties or 5 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM365K, with most transactions falling within a stable range of RM357K to RM370K, and a typical market range of RM350K to RM370K.

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

For price per square foot, the median is RM128, with most transactions between RM117 and RM139. The usual range is RM73.70 to RM182.70, showing that most units are priced quite close to each other. With an IQR of RM109.00 and MAD of RM11, the PSF demonstrates reasonable consistency across the market.

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.