TASEK

TASEK in Marang, Terengganu recorded 23 subsale transactions in 2022, with a median price of RM 350K and a median price per square foot (PSF) of RM 92.

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 350K, with most transactions falling within a stable range of RM 285K to RM 415K, and a typical market range of RM 306K to RM 394K.

Most transactions involved 1 - 1 1/2 storey semi-detached, with moderate diversity in property types available.

Price per square foot shows a median of RM 92, though individual units vary from RM 65 to RM 119 in the core range. The broader market spans RM 75.25 to RM 108.75, indicating diverse property characteristics. A wider spread (IQR: RM 33.50) and deviation (MAD: RM 27) 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. Moderate price stability provides a balanced market for both buyers and sellers. Moderate transaction volume may require patience when buying or selling.