TAMAN DESA SALAM (MR 29-00)

Area Intelligence
2023
Median Price
RM 75,000
PSF: RM 102

Residential PSF Trends

Median Price

RM 75,000

PSF: RM 102

TAMAN DESA SALAM (MR 29-00) in Marang, Terengganu recorded 3 subsale transactions in 2023, with a median price of RM 75K and a median price per square foot (PSF) of RM 102.

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 75K, with most transactions falling within a stable range of RM 60K to RM 75K, and a typical market range of RM 43K to RM 75K.

Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.

The median PSF stands at RM 102, with core pricing between RM 82 and RM 122. Market pricing typically extends from RM 45.00 to RM 159.00, reflecting moderate variation in unit pricing. The spread of RM 114.00 (IQR) and deviation of RM 20 (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.

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

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Transactions

3 transactions grouped by size

750 sqft
Low-Cost House
RM 43,000
OFF JALAN RAWAI/PADANG LIMAU NIP
732 sqft · RM 59 PSF
RM 75,000
JALAN RAWAI - PASIR TINGGI
732 sqft · RM 102 PSF
RM 75,000
JALAN RAWAI - PASIR TINGGI
732 sqft · RM 102 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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