BUKIT PAYONG in Marang, Terengganu recorded 44 subsale transactions in 2024, with a median price of RM 363K and a median price per square foot (PSF) of RM 114.
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 363K, with most transactions falling within a stable range of RM 342K to RM 384K, and a typical market range of RM 338K to RM 388K.
Most transactions involved 1 - 1 1/2 storey semi-detached, though some variety exists in the market.
The median PSF stands at RM 114, with core pricing between RM 99 and RM 129. Market pricing typically extends from RM 99.00 to RM 128.00, reflecting moderate variation in unit pricing. With an IQR of RM 29.00 and MAD of RM 15, the PSF demonstrates reasonable consistency across the market.
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.