Terengganu
Marang
Pulau Kerengga
DARAT PAK CHAN

DARAT PAK CHAN

Area Intelligence

2023

Median Price

RM 287,500

PSF: RM 115

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Residential PSF Trends

Median Price

RM 287,500

PSF: RM 115

DARAT PAK CHAN in Marang, Terengganu recorded 2 subsale transactions in 2023, with a median price of RM 288K and a median price per square foot (PSF) of RM 115.

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 288K, with most transactions falling within a stable range of RM 265K to RM 310K, and a typical market range of RM 265K to RM 310K.

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

For price per square foot, the median is RM 115, with most transactions between RM 109 and RM 121. The usual range is RM 108.25 to RM 121.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 13.50 and an average deviation (MAD) of RM 6 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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.

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DARAT PAK CHAN, Marang, Terengganu

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