SETOL PATAH

SETOL PATAH in Marang, Terengganu recorded 2 subsale transactions in 2024, with a median price of RM 393K and a median price per square foot (PSF) of RM 108.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 393K, with most transactions falling within a stable range of RM 370K to RM 415K, and a typical market range of RM 381K to RM 404K.

Most transactions involved 1 - 1 1/2 storey semi-detached, with minimal variety in property types.

For price per square foot, the median is RM 108, with most transactions between RM 99 and RM 117. The usual range is RM 103.50 to RM 112.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 9.00 and an average deviation (MAD) of RM 9 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.