Padang Mengkuang

Terengganu, Marang, Bukit Payung

Property Transactions

4 subsales grouped by size

Median
RM 350,000
PSF
RM 116
Price Size
2,600 sqft
2-Sty Shop
RM 500,000
Jalan Bkt Payong-Binjai Rendah (P/L
2,616 sqft · RM 191 PSF
2,900 sqft
Semi-D
RM 340,000
Off Jalan K Berang-K Trg (P/L:10797)
2,895 sqft · RM 117 PSF
3,150 sqft
Semi-D
RM 360,000
Off Jalan K Berang-K Trg (P/L:10797)
3,132 sqft · RM 115 PSF
3,650 sqft
Semi-D
RM 330,000
Jalan K.terengganu-K.berang
3,660 sqft · RM 90 PSF
Legend Recent Highest Price Highest PSF
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Market Snapshot

Residential

RM 340,000

RM 115 psf

Median transaction price

Padang Mengkuang
© OpenStreetMap · CARTO

Padang Mengkuang, Marang, Terengganu

Padang Mengkuang in Marang, Terengganu recorded 4 subsale transactions in 2022, with a median price of RM 350K and a median price per square foot (PSF) of RM 116.

This area contains both residential and commercial properties. View 3 residential properties or 5 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 350K, with most transactions falling within a stable range of RM 330K to RM 419K, and a typical market range of RM 330K to RM 428K.

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 116, though individual units vary from RM 78 to RM 154 in the core range. The broader market spans RM 61.68 to RM 170.68, indicating diverse property characteristics. A wider spread (IQR: RM 109.00) and deviation (MAD: RM 38) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.