TAMAN DESA SALAM (MR 29-00) in Marang, Terengganu recorded 10 subsale transactions in 2022, with a median price of RM 268K and a median price per square foot (PSF) of RM 184.
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 268K, with most transactions falling within a stable range of RM 208K to RM 328K, and a typical market range of RM 164K to RM 372K.
Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.
Price per square foot shows a median of RM 184, though individual units vary from RM 146 to RM 222 in the core range. The broader market spans RM 127.00 to RM 241.00, indicating diverse property characteristics. The spread of RM 114.00 (IQR) and deviation of RM 38 (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.
