RAWAI

RAWAI in Marang, Terengganu recorded 20 subsale transactions in 2022, with a median price of RM 351K and a median price per square foot (PSF) of RM 86.

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 351K, with most transactions falling within a stable range of RM 305K to RM 396K, and a typical market range of RM 311K to RM 391K.

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

Price per square foot shows a median of RM 86, though individual units vary from RM 63 to RM 109 in the core range. The broader market spans RM 72.50 to RM 99.50, indicating diverse property characteristics. A wider spread (IQR: RM 27.00) and deviation (MAD: RM 23) 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Moderate transaction volume may require patience when buying or selling.