TELAGA MENGKUDU in Marang, Terengganu recorded 4 subsale transactions in 2023, with a median price of RM 340K 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 340K, with most transactions falling within a stable range of RM 305K to RM 375K, and a typical market range of RM 297K to RM 383K.
Most transactions involved detached, with high diversity across multiple property types.
The median PSF stands at RM 133, with core pricing between RM 114 and RM 153. Market pricing typically extends from RM 110.75 to RM 155.25, reflecting moderate variation in unit pricing. With an IQR of RM 44.50 and MAD of RM 20, 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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.