KELULUT

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 257K to RM 419K, and a typical market range of RM 308K to RM 368K.

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 97 and RM 139. Market pricing typically extends from RM 96.38 to RM 139.63, reflecting moderate variation in unit pricing. The spread of RM 43.25 (IQR) and deviation of RM 21 (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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.