KELULUT

Area Intelligence

2021

Median Price

RM 338,000

PSF: RM 118

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Residential PSF Trends

Median Price

RM 338,000

PSF: RM 118

KELULUT in Marang, Terengganu recorded 8 subsale transactions in 2021, with a median price of RM 338K and a median price per square foot (PSF) of RM 118.

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 338K, with most transactions falling within a stable range of RM 288K to RM 300K, and a typical market range of RM 307K to RM 300K.

Most transactions involved 1 - 1 1/2 storey semi-detached, with high diversity across multiple property types.

The median PSF stands at RM 118, with core pricing between RM 96 and RM 140. Market pricing typically extends from RM 95.08 to RM 141.08, reflecting moderate variation in unit pricing. The spread of RM 46.00 (IQR) and deviation of RM 22 (MAD) suggest moderate price variations reflecting different property features.

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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KELULUT, Marang, Terengganu

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