PARK CHERANG GULING in Marang, Terengganu recorded 28 subsale transactions between 2021 and 2025, with a median price of RM 170K and a median price per square foot (PSF) of RM 140.
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 170K, with most transactions falling within a stable range of RM 81K to RM 259K, and a typical market range of RM 96K to RM 245K.
Most transactions involved low-cost house, with moderate diversity in property types available.
Price per square foot shows a median of RM 140, though individual units vary from RM 95 to RM 185 in the core range. The broader market spans RM 97.50 to RM 181.50, indicating diverse property characteristics. A wider spread (IQR: RM 84.00) and deviation (MAD: RM 45) indicate significant PSF variations, likely due to diverse property types or conditions.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Moderate transaction volume may require patience when buying or selling.
