TASEK

TASEK in Marang, Terengganu recorded 5 subsale transactions in 2023, with a median price of RM 450K and a median price per square foot (PSF) of RM 82.

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 450K, with most transactions falling within a stable range of RM 398K to RM 488K, and a typical market range of RM 406K to RM 488K.

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 82, though individual units vary from RM 65 to RM 99 in the core range. The broader market spans RM 65.25 to RM 98.75, indicating diverse property characteristics. The spread of RM 33.50 (IQR) and deviation of RM 17 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.