DURIAN GULING in Marang, Terengganu recorded 1 subsale transactions in 2021, with a median price of RM 325K and a median price per square foot (PSF) of RM 108.
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 325K, with most transactions falling within a stable range of RM 275K to RM 375K, and a typical market range of RM 250K to RM 400K.
Most transactions involved 1 - 1 1/2 storey semi-detached, with moderate diversity in property types available.
The median PSF stands at RM 108, with core pricing between RM 90 and RM 126. Market pricing typically extends from RM 84.50 to RM 131.50, reflecting moderate variation in unit pricing. The spread of RM 47.00 (IQR) and deviation of RM 18 (MAD) suggest moderate price variations reflecting different property features.
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.
