Area Intelligence

MERCHANG

3 properties
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Median Price
RM 220,000
PSF: RM 35

Residential Market

Median Price

RM 220,000

IQR: RM 78
MAD: RM 8
RM 35 PSF 89.2%

PSF Trends (2021-2025)

MERCHANG in Marang, Terengganu recorded 3 subsale transactions between 2021 and 2025, with a median price of RM 220K and a median price per square foot (PSF) of RM 35.

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 220K, with most transactions falling within a stable range of RM 170K to RM 270K, and a typical market range of RM 183K to RM 257K.

Most transactions involved detached, though some variety exists in the market.

Price per square foot shows a median of RM 35, though individual units vary from RM 27 to RM 43 in the core range. The broader market spans RM 0.00 to RM 74.00, indicating diverse property characteristics. The spread of RM 78.00 (IQR) and deviation of RM 8 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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MERCHANG, Marang, Terengganu

OSM

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Transactions

3 properties found

Single Storey Terraced
LALUAN PERSEKUTUAN 3
RM 318,000
PSF: RM 183.00
Area: 1,733 sqft
Date: Oct 2024
Detached
OFF JLN MERCHANG - DUNGUN(GONG BALAI)
RM 220,000
PSF: RM 35.00
Area: 6,275 sqft
Date: Nov 2022
Detached
OFF JLN MERCHANG - DUNGUN(PL 1732)
RM 170,000
PSF: RM 27.00
Area: 6,232 sqft
Date: Jul 2021

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