TAMAN DESA SALAM (MR 29-00)

TAMAN DESA SALAM (MR 29-00) in Marang, Terengganu recorded 4 subsale transactions in 2024, with a median price of RM 52K and a median price per square foot (PSF) of RM 71.

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 52K, with most transactions falling within a stable range of RM 49K to RM 64K, and a typical market range of RM 49K to RM 77K.

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

Price per square foot shows a median of RM 71, though individual units vary from RM 55 to RM 87 in the core range. The broader market spans RM 17.50 to RM 124.50, indicating diverse property characteristics. The spread of RM 107.00 (IQR) and deviation of RM 16 (MAD) suggest moderate price variations reflecting different property features.

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.