Terengganu
Marang
Bukit Payung
PADANG MENGKUANG

PADANG MENGKUANG

Area Intelligence

2024

Median Price

RM 600,000

PSF: RM 429

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Residential PSF Trends

Median Price

RM 490,000

PSF: RM 76

Commercial PSF Trends

Median Price

RM 600,000

RM 429 PSF

PADANG MENGKUANG in Marang, Terengganu recorded 2 subsale transactions in 2024, with a median price of RM 600K and a median price per square foot (PSF) of RM 429.

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 600K, with most transactions falling within a stable range of RM 550K to RM 650K, and a typical market range of RM 550K to RM 650K.

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

For price per square foot, the median is RM 429, with most transactions between RM 393 and RM 465. The usual range is RM 402.88 to RM 455.13, showing that most units are priced quite close to each other. With an IQR of RM 52.25 and MAD of RM 36, 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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.

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PADANG MENGKUANG, Marang, Terengganu

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