PARK CHERANG GULING

PARK CHERANG GULING in Marang, Terengganu recorded 17 Low-Cost House properties subsale transactions between 2021 and 2025 for low-cost house properties, with a median price of RM 120K and a median price per square foot (PSF) of RM 100.

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 120K, with most transactions falling within a stable range of RM 61K to RM 179K, and a typical market range of RM 46K to RM 190K.

Within the Low-Cost House category, low-cost house dominated the market, with moderate diversity in property types available.

Price per square foot shows a median of RM 100, though individual units vary from RM 50 to RM 150 in the core range. The broader market spans RM 58.00 to RM 142.00, indicating diverse property characteristics. A wider spread (IQR: RM 84.00) and deviation (MAD: RM 50) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.