PADANG MENGKUANG

Area Intelligence
2024
Median Price
RM 490,000
PSF: RM 120

Residential PSF Trends

Median Price

RM 355,000

PSF: RM 87

Commercial PSF Trends

Median Price

RM 600,000

RM 429 PSF

PADANG MENGKUANG in Marang, Terengganu recorded 7 subsale transactions in 2024, with a median price of RM 490K and a median price per square foot (PSF) of RM 120.

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 490K, with most transactions falling within a stable range of RM 373K to RM 607K, and a typical market range of RM 413K to RM 568K.

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 120, though individual units vary from RM 0 to RM 271 in the core range. The broader market spans RM 93.88 to RM 146.13, indicating diverse property characteristics. A wider spread (IQR: RM 52.25) and deviation (MAD: RM 151) 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

OSM

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Transactions

7 transactions grouped by size

1,400 sqft
Double Storey Shop
RM 650,000
OFF JALAN BKT PAYUNG- BINJAI R
1,399 sqft · RM 465 PSF
RM 550,000
OFF JALAN BKT PAYUNG- BINJAI R
1,399 sqft · RM 393 PSF
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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