PADANG MENGKUANG

Area Intelligence
2024
Median Price
RM 355,000
PSF: RM 87

Residential PSF Trends

Median Price

RM 355,000

PSF: RM 87

PADANG MENGKUANG in Marang, Terengganu recorded 5 subsale transactions in 2024, priced up to RM 500K, with a median price of RM 355K and a median price per square foot (PSF) of RM 87.

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 355K, with most transactions falling within a stable range of RM 315K to RM 435K, and a typical market range of RM 315K to RM 433K.

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 87, though individual units vary from RM 66 to RM 109 in the core range. The broader market spans RM 61.36 to RM 113.61, indicating diverse property characteristics. The spread of RM 52.25 (IQR) and deviation of RM 22 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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PADANG MENGKUANG, Marang, Terengganu

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Property Transactions

5 transactions grouped by size

2,700 sqft
Single Storey Semi-D
RM 355,000
OFF JALAN BKT PAYONG / K. BERANG P
2,680 sqft · RM 132 PSF
2,750 sqft
Single Storey Semi-D
RM 330,000
JALAN K.TERENGGANU-K.BERANG PL18425
2,745 sqft · RM 120 PSF
3,600 sqft
Single Storey Semi-D
RM 315,000
JALAN K.TERENGGANU-K.BERANG PL18425
3,606 sqft · RM 87 PSF
5,700 sqft
Bungalow
RM 500,000
OFF JALAN BKT PAYONG / K. BERANG
5,716 sqft · RM 87 PSF
6,450 sqft
Bungalow
RM 490,000
JALAN BKT PAYONG / K. BERANG
6,426 sqft · RM 76 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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