BUKIT PAYONG

BUKIT PAYONG in Marang, Terengganu recorded 22 subsale transactions in 2023, with a median price of RM 345K and a median price per square foot (PSF) of RM 94.

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 345K, with most transactions falling within a stable range of RM 300K to RM 392K, and a typical market range of RM 323K to RM 367K.

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

The median PSF stands at RM 94, with core pricing between RM 76 and RM 111. Market pricing typically extends from RM 78.88 to RM 108.13, reflecting moderate variation in unit pricing. The spread of RM 29.25 (IQR) and deviation of RM 18 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Moderate transaction volume may require patience when buying or selling.