TAMAN PUTERI PAYUNG (MR 70-03)

TAMAN PUTERI PAYUNG (MR 70-03) in Marang, Terengganu recorded 2 subsale transactions in 2023, with a median price of RM 238K and a median price per square foot (PSF) of RM 170.

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 238K, with most transactions falling within a stable range of RM 235K to RM 240K, and a typical market range of RM 236K to RM 239K.

Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.

For price per square foot, the median is RM 170, with most transactions between RM 168 and RM 172. The usual range is RM 168.75 to RM 171.25, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 2.50 and an average deviation (MAD) of RM 2 indicate a highly stable PSF trend across properties.

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.