BINJAI RENDAH

BINJAI RENDAH in Marang, Terengganu recorded 7 subsale transactions in 2022, with a median price of RM 400K and a median price per square foot (PSF) of RM 85.

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 400K, with most transactions falling within a stable range of RM 368K to RM 433K, and a typical market range of RM 361K to RM 439K.

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

The median PSF stands at RM 85, with core pricing between RM 74 and RM 97. Market pricing typically extends from RM 75.25 to RM 94.75, reflecting moderate variation in unit pricing. With an IQR of RM 19.50 and MAD of RM 12, the PSF demonstrates reasonable consistency across the market.

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.