SERATING

SERATING in Marang, Terengganu recorded 8 subsale transactions in 2024, with a median price of RM 313K and a median price per square foot (PSF) of RM 122.

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 313K, with most transactions falling within a stable range of RM 259K to RM 366K, and a typical market range of RM 291K to RM 334K.

Most transactions involved 1 - 1 1/2 storey semi-detached, with high diversity across multiple property types.

Price per square foot shows a median of RM 122, though individual units vary from RM 83 to RM 161 in the core range. The broader market spans RM 99.13 to RM 144.88, indicating diverse property characteristics. A wider spread (IQR: RM 45.75) and deviation (MAD: RM 39) indicate significant PSF variations, likely due to diverse property types or conditions.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.