TAMAN TAPAI INDAH (MR:26-04) in Marang, Terengganu recorded 6 subsale transactions in 2022, with a median price of RM 188K and a median price per square foot (PSF) of RM 159.
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 188K, with most transactions falling within a stable range of RM 168K to RM 207K, and a typical market range of RM 154K to RM 221K.
Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.
For price per square foot, the median is RM 159, with most transactions between RM 145 and RM 172. The usual range is RM 130.00 to RM 187.00, showing that most units are priced quite close to each other. With an IQR of RM 57.00 and MAD of RM 14, 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.