Terengganu
Marang
Bukit Payung
PADANG MENGKUANG

PADANG MENGKUANG

Area Intelligence

2024

Median Price

RM 342,500

PSF: RM 126

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Residential PSF Trends

Median Price

RM 342,500

PSF: RM 126

Commercial PSF Trends

Median Price

RM 575,000

RM 329 PSF

PADANG MENGKUANG in Marang, Terengganu recorded 2 subsale transactions in 2024, with a median price of RM 343K and a median price per square foot (PSF) of RM 126.

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 343K, with most transactions falling within a stable range of RM 330K to RM 355K, and a typical market range of RM 330K to RM 355K.

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 126, with most transactions between RM 120 and RM 132. The usual range is RM 99.88 to RM 152.13, showing that most units are priced quite close to each other. With an IQR of RM 52.25 and MAD of RM 6, 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. 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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