Residential Market
Median Price
RM 120,000
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.
Filter by type, year, price, and size
Transactions
3 properties grouped by size
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
|
Road | Price | PSF | Size | Date |
---|---|---|---|---|
RAKR B. RENDAH
|
RM 180,000
|
RM 171.00
|
1,055 sqft
|
Feb 2022
|