BATU PAYONG

Area Intelligence

2021

Median Price

RM 305,000

PSF: RM 111

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Residential PSF Trends

Median Price

RM 305,000

PSF: RM 111

BATU PAYONG in Marang, Terengganu recorded 2 subsale transactions in 2021, sized between 1,000 and 3,000 sqft, with a median price of RM 305K and a median price per square foot (PSF) of RM 111.

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 305K, with most transactions falling within a stable range of RM 300K to RM 310K, and a typical market range of RM 300K to RM 310K.

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

For price per square foot, the median is RM 111, with most transactions between RM 105 and RM 117. The usual range is RM 99.68 to RM 122.43, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 22.75 and an average deviation (MAD) of RM 6 indicate a highly stable PSF trend across properties.

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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