DURIAN GULING in Marang, Terengganu recorded 5 subsale transactions in 2024, with a median price of RM 298K and a median price per square foot (PSF) of RM 102.
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 298K, with most transactions falling within a stable range of RM 248K to RM 348K, and a typical market range of RM 223K to RM 373K.
Most transactions involved 1 - 1 1/2 storey semi-detached, with moderate diversity in property types available.
The median PSF stands at RM 102, with core pricing between RM 84 and RM 120. Market pricing typically extends from RM 78.50 to RM 125.50, 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.
