RAKR BUKIT PAYUNG (MR 44-02)

RAKR BUKIT PAYUNG (MR 44-02) in Marang, Terengganu recorded 6 Low-Cost House properties subsale transactions between 2021 and 2025 for low-cost house properties, with a median price of RM 158K and a median price per square foot (PSF) of RM 133.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 158K, with most transactions falling within a stable range of RM 131K to RM 184K, and a typical market range of RM 136K to RM 179K.

Within the Low-Cost House category, low-cost house dominated the market, though some variety exists in the market.

The median PSF stands at RM 133, with core pricing between RM 111 and RM 154. Market pricing typically extends from RM 118.25 to RM 146.75, reflecting moderate variation in unit pricing. The spread of RM 28.50 (IQR) and deviation of RM 22 (MAD) suggest moderate price variations reflecting different property features.

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.