|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2023 | |||||
|
Off Jalan Bkt Payong - Binjai Ren
|
RM 300,000
|
RM 90
|
3,348 sqft
|
|
Semi-D |
|
Off Jalan Bkt Payong - Binjai Ren
|
RM 339,000
|
RM 102
|
3,326 sqft
|
|
Semi-D |
| 2022 | |||||
|
Off Jalan Bkt Payong - Binjai Ren
|
RM 369,000
|
RM 111
|
3,337 sqft
|
|
Semi-D |
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Market Snapshot
ResidentialRM 339,000
RM 102 psfMedian transaction price
P/L 6535 No SP (Mr/24-08) in Marang, Terengganu recorded 3 subsale transactions between 2021 and 2026, sized between 3,325 and 3,374 sqft, with a median price of RM 339K and a median price per square foot (PSF) of RM 102.
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 339K, with most transactions falling within a stable range of RM 311K to RM 367K, and a typical market range of RM 319K to RM 360K.
Most transactions involved 1 - 1 1/2 storey semi-detached, with minimal variety in property types.
For price per square foot, the median is RM 102, with most transactions between RM 93 and RM 111. The usual range is RM 92.17 to RM 111.67, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 19.50 and an average deviation (MAD) of RM 9 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.