Residential Market
Median Price
RM 360,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Service Apartment
6 properties
Median Price
RM 944,000
+1.5% CAGR
Median PSF
RM 985.00
-12.5% CAGR
Condo/Apartment
3 properties
Median Price
RM 785,500
-5.1% CAGR
Median PSF
RM 577.00
-5.4% CAGR
| Property Type | Properties | Transactions | Median Price | Price CAGR | Median PSF | PSF CAGR | |
|---|---|---|---|---|---|---|---|
| Service Apartment | 6 | 7,106,000 |
RM 944,000
±61K MAD
|
+1.49% |
RM 985.00
±71 MAD
|
-12.47% | |
| Condo/Apartment | 3 | 2,336,000 |
RM 785,500
±21K MAD
|
-5.09% |
RM 577.00
±16 MAD
|
-5.40% |
BUKIT PAYONG in Marang, Terengganu recorded 1 subsale transactions in 2022, with a median price of RM 360K and a median price per square foot (PSF) of RM 106.
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, though some variety exists in the market.
For price per square foot, the median is RM 106, with most transactions between RM 106 and RM 106. The usual range is RM 91.38 to RM 120.63, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 29.25 and an average deviation (MAD) of RM 0 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.
Filter by type, year, price, and size
Transactions
1 properties grouped by size
| Road | Price | PSF | Size | Date |
|---|---|---|---|---|
|
OFF JLN K BERANG-K TRG
|
RM 360,000
|
RM 106.00
|
3,412 sqft
|
Nov 2022
|