PARK CHERANG GULING

PARK CHERANG GULING in Marang, Terengganu recorded 4 subsale transactions in 2021, with a median price of RM 259K and a median price per square foot (PSF) of RM 185.

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 259K, with most transactions falling within a stable range of RM 259K to RM 259K, and a typical market range of RM 259K to RM 260K.

Most transactions involved low-cost house, with moderate diversity in property types available.

For price per square foot, the median is RM 185, with most transactions between RM 179 and RM 191. The usual range is RM 143.00 to RM 227.00, showing that most units are priced quite close to each other. With an IQR of RM 84.00 and MAD of RM 6, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.