| Road | Price | PSF | Size | Date | Type |
|---|
|
Off Jalan Bkt Payung
|
RM 165,000
|
RM 138
|
1,195 sqft
|
|
|
Rakr Bkt Payong
|
RM 25,000
|
RM 12
|
2,142 sqft
|
|
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Market Snapshot
ResidentialRM 95,000
RM 75 psfMedian transaction price
Rakr Bukit Payung (Mr 44-02) in Marang, Terengganu recorded 2 subsale transactions between 2021 and 2026, with a median price of RM 95K and a median price per square foot (PSF) of RM 75.
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 95K, with most transactions falling within a stable range of RM 25K to RM 165K, and a typical market range of RM 78K to RM 113K.
Most transactions involved low-cost house, though some variety exists in the market.
Price per square foot shows a median of RM 75, though individual units vary from RM 12 to RM 138 in the core range. The broader market spans RM 59.89 to RM 89.89, indicating diverse property characteristics. A wider spread (IQR: RM 30.00) and deviation (MAD: RM 63) 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.