BINJAI RENDAH

BINJAI RENDAH in Marang, Terengganu recorded 6 subsale transactions in 2023, with a median price of RM 375K and a median price per square foot (PSF) of RM 90.

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 375K, with most transactions falling within a stable range of RM 330K to RM 420K, and a typical market range of RM 340K to RM 410K.

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

The median PSF stands at RM 90, with core pricing between RM 81 and RM 99. Market pricing typically extends from RM 80.00 to RM 100.00, reflecting moderate variation in unit pricing. With an IQR of RM 20.00 and MAD of RM 9, 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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.