BATU PAYONG

Area Intelligence

2021

Median Price

RM 300,000

PSF: RM 85

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Residential PSF Trends

Median Price

RM 300,000

PSF: RM 85

BATU PAYONG in Marang, Terengganu recorded 2 subsale transactions in 2021, priced up to RM 300K, with a median price of RM 300K and a median price per square foot (PSF) of RM 85.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

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

Price per square foot shows a median of RM 85, though individual units vary from RM 53 to RM 117 in the core range. The broader market spans RM 73.28 to RM 96.03, indicating diverse property characteristics. A wider spread (IQR: RM 22.75) and deviation (MAD: RM 32) indicate significant PSF variations, likely due to diverse property types or conditions.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.

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BATU PAYONG, Marang, Terengganu

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