Terengganu
Marang
Bukit Payung
PADANG MENGKUANG

PADANG MENGKUANG

Area Intelligence

2022

Median Price

RM 345,000

PSF: RM 103

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Residential PSF Trends

Median Price

RM 345,000

PSF: RM 103

Commercial PSF Trends

Median Price

RM 575,000

RM 329 PSF

PADANG MENGKUANG in Marang, Terengganu recorded 2 subsale transactions in 2022, with a median price of RM 345K and a median price per square foot (PSF) of RM 103.

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 345K, with most transactions falling within a stable range of RM 330K to RM 360K, and a typical market range of RM 330K to RM 360K.

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

The median PSF stands at RM 103, with core pricing between RM 90 and RM 115. Market pricing typically extends from RM 76.38 to RM 128.63, reflecting moderate variation in unit pricing. With an IQR of RM 52.25 and MAD of RM 13, 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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