MERANG

MERANG in Setiu, Terengganu recorded 6 subsale transactions between 2021 and 2025, with a median price of RM 355K and a median price per square foot (PSF) of RM 53.

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 355K, with most transactions falling within a stable range of RM 300K to RM 410K, and a typical market range of RM 308K to RM 403K.

Most transactions involved detached, with minimal variety in property types.

Price per square foot shows a median of RM 53, though individual units vary from RM 37 to RM 68 in the core range. The broader market spans RM 40.00 to RM 65.00, indicating diverse property characteristics. A wider spread (IQR: RM 25.00) and deviation (MAD: RM 16) 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.