Terengganu
Marang
Bukit Payung
TELAGA MENGKUDU

TELAGA MENGKUDU

Area Intelligence

2024

Median Price

RM 330,000

PSF: RM 140

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Residential PSF Trends

Median Price

RM 330,000

PSF: RM 140

TELAGA MENGKUDU in Marang, Terengganu recorded 2 subsale transactions in 2024, with a median price of RM 330K and a median price per square foot (PSF) of RM 140.

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 330K, with most transactions falling within a stable range of RM 290K to RM 370K, and a typical market range of RM 290K to RM 370K.

Most transactions involved detached, with high diversity across multiple property types.

For price per square foot, the median is RM 140, with most transactions between RM 136 and RM 143. The usual range is RM 117.25 to RM 161.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 44.50 and an average deviation (MAD) of RM 4 indicate a highly stable PSF trend across properties.

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.

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TELAGA MENGKUDU, Marang, Terengganu

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