BUKIT PAYONG

Area Intelligence
2023
Median Price
RM 228,000
PSF: RM 175

Residential PSF Trends

Median Price

RM 228,000

PSF: RM 175

BUKIT PAYONG in Marang, Terengganu recorded 2 subsale transactions in 2023, with a median price of RM 228K and a median price per square foot (PSF) of RM 175.

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 228K, with most transactions falling within a stable range of RM 216K to RM 240K, and a typical market range of RM 216K to RM 240K.

Most transactions involved 1 - 1 1/2 storey semi-detached, with high diversity across multiple property types.

For price per square foot, the median is RM 175, with most transactions between RM 166 and RM 184. The usual range is RM 156.13 to RM 193.88, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 37.75 and an average deviation (MAD) of RM 9 indicate a highly stable PSF trend across properties.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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BUKIT PAYONG, Marang, Terengganu

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Transactions

2 transactions grouped by size

1,300 sqft
Single Storey Terraced
RM 216,000
OFF JALAN BUKIT PAYUNG - RAWAI
1,302 sqft · RM 166 PSF
RM 240,000
OFF JALAN BUKIT PAYUNG - RAWAI
1,302 sqft · RM 184 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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