RAWAI

RAWAI in Marang, Terengganu recorded 5 subsale transactions in 2021, with a median price of RM 310K and a median price per square foot (PSF) of RM 97.

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 310K, with most transactions falling within a stable range of RM 300K to RM 324K, and a typical market range of RM 300K to RM 340K.

Most transactions involved 1 - 1 1/2 storey semi-detached, though some variety exists in the market.

The median PSF stands at RM 97, with core pricing between RM 86 and RM 108. Market pricing typically extends from RM 83.50 to RM 110.50, reflecting moderate variation in unit pricing. With an IQR of RM 27.00 and MAD of RM 11, 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.