Terengganu
Marang
Bukit Payung
PADANG MENGKUANG

PADANG MENGKUANG

Area Intelligence

2021

Median Price

RM 507,500

PSF: RM 165

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Residential PSF Trends

Median Price

RM 415,000

PSF: RM 65

Commercial PSF Trends

Median Price

RM 600,000

RM 264 PSF

PADANG MENGKUANG in Marang, Terengganu recorded 2 subsale transactions in 2021, with a median price of RM 508K and a median price per square foot (PSF) of RM 165.

This area contains both residential and commercial properties. View 3 residential properties or 4 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 508K, with most transactions falling within a stable range of RM 415K to RM 600K, and a typical market range of RM 430K to RM 585K.

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

Price per square foot shows a median of RM 165, though individual units vary from RM 65 to RM 264 in the core range. The broader market spans RM 138.38 to RM 190.63, indicating diverse property characteristics. A wider spread (IQR: RM 52.25) and deviation (MAD: RM 100) indicate significant PSF variations, likely due to diverse property types or conditions.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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PADANG MENGKUANG, Marang, Terengganu

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