Area Intelligence

RAKR BINJAI RENDAH (MR-304)

3 properties
Median Price
RM 120,000
PSF: RM 145

Residential Market

Median Price

RM 120,000

IQR: RM 30
MAD: RM 26
RM 145 PSF 19.1%

PSF Trends (2021-2025)

RAKR BINJAI RENDAH (MR-304) in Marang, Terengganu recorded 3 subsale transactions between 2021 and 2025, with a median price of RM 120K and a median price per square foot (PSF) of RM 145.

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 120K, with most transactions falling within a stable range of RM 93K to RM 147K, and a typical market range of RM 98K to RM 142K.

Most transactions involved cluster house, with minimal variety in property types.

The median PSF stands at RM 145, with core pricing between RM 119 and RM 171. Market pricing typically extends from RM 130.25 to RM 159.75, reflecting moderate variation in unit pricing. The spread of RM 29.50 (IQR) and deviation of RM 26 (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.

Area Location

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RAKR BINJAI RENDAH (MR-304), Marang, Terengganu

OSM

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Transactions

3 properties grouped by size

850 sqft 2 units Cluster House
RM 93,000 - 120,000 PSF: RM 129
Road Price PSF Size Date
JLN BKT PAYUNG- BKIT SAWA
RM 93,000
RM 112.00
829 sqft
Jan 2024
TMN PERUMAHAN BINJAI RENDAH
RM 120,000
RM 145.00
829 sqft
Feb 2023
1,050 sqft 1 units Cluster House
RM 180,000 PSF: RM 171
Road Price PSF Size Date
RAKR B. RENDAH
RM 180,000
RM 171.00
1,055 sqft
Feb 2022