WAKAF TAPAI

WAKAF TAPAI in Marang, Terengganu recorded 3 subsale transactions in 2023, with a median price of RM 330K and a median price per square foot (PSF) of RM 107.

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 234K to RM 426K, and a typical market range of RM 278K to RM 383K.

Most transactions involved 1 - 1 1/2 storey semi-detached, with moderate diversity in property types available.

Price per square foot shows a median of RM 107, though individual units vary from RM 69 to RM 145 in the core range. The broader market spans RM 90.75 to RM 123.25, indicating diverse property characteristics. A wider spread (IQR: RM 32.50) and deviation (MAD: RM 38) indicate significant PSF variations, likely due to diverse property types or conditions.

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.