Terengganu
Marang
Bukit Payung
PADANG MENGKUANG

PADANG MENGKUANG

Area Intelligence

2022

Median Price

RM 420,000

PSF: RM 186

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Residential PSF Trends

Median Price

RM 340,000

PSF: RM 117

Commercial PSF Trends

Median Price

RM 500,000

RM 254 PSF

PADANG MENGKUANG in Marang, Terengganu recorded 2 subsale transactions in 2022, with a median price of RM 420K and a median price per square foot (PSF) of RM 186.

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 420K, with most transactions falling within a stable range of RM 340K to RM 500K, and a typical market range of RM 343K to RM 498K.

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 186, though individual units vary from RM 117 to RM 254 in the core range. The broader market spans RM 159.38 to RM 211.63, indicating diverse property characteristics. A wider spread (IQR: RM 52.25) and deviation (MAD: RM 69) 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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