Area Intelligence

TAMAN DESA SALAM (MR 29-00)

4 properties
2024
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Median Price
RM 52,000
PSF: RM 71

Residential Market

Median Price

RM 52,000

IQR: RM 107
MAD: RM 37
RM 71 PSF 37.9%

PSF Trends (2021-2025)

TAMAN DESA SALAM (MR 29-00) in Marang, Terengganu recorded 4 subsale transactions in 2024, with a median price of RM 52K and a median price per square foot (PSF) of RM 71.

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 52K, with most transactions falling within a stable range of RM 49K to RM 64K, and a typical market range of RM 49K to RM 77K.

Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.

Price per square foot shows a median of RM 71, though individual units vary from RM 55 to RM 87 in the core range. The broader market spans RM 17.50 to RM 124.50, indicating diverse property characteristics. The spread of RM 107.00 (IQR) and deviation of RM 16 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TAMAN DESA SALAM (MR 29-00), Marang, Terengganu

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Transactions

4 properties grouped by size

750 sqft 4 units Low-Cost House
RM 49,000 - 77,000 PSF: RM 79
Road Price PSF Size Date
JLN RAWAI - PASIR TINGGI(PL7210)
RM 77,000
RM 105.00
732 sqft
Oct 2024
OFF JALAN RAWAI/P. TINGGI
RM 49,000
RM 67.00
732 sqft
Apr 2024
JLN RAWAI - PASIR TINGGI(PL7210)
RM 49,000
RM 67.00
732 sqft
Feb 2024
OFF JLN RAWAI/PADANG LIMAU NIP
RM 55,000
RM 75.00
732 sqft
Feb 2024