Area Intelligence

PEKAN MARANG

3 properties
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Median Price
RM 270,000
PSF: RM 179

Residential Market

Median Price

RM 270,000

IQR: RM 70
MAD: RM 35
RM 179 PSF 62.3%

PSF Trends (2021-2025)

PEKAN MARANG in Marang, Terengganu recorded 3 subsale transactions between 2021 and 2025, with a median price of RM 270K and a median price per square foot (PSF) of RM 179.

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 270K, with most transactions falling within a stable range of RM 250K to RM 290K, and a typical market range of RM 258K to RM 283K.

Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.

The median PSF stands at RM 179, with core pricing between RM 144 and RM 214. Market pricing typically extends from RM 144.00 to RM 214.00, reflecting moderate variation in unit pricing. The spread of RM 70.00 (IQR) and deviation of RM 35 (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. 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.

Area Location

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PEKAN MARANG, Marang, Terengganu

OSM

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Transactions

3 properties grouped by size

1,400 sqft 2 units Double Storey Terraced
RM 250,000 - 300,000 PSF: RM 197
Road Price PSF Size Date
OFF JLN MARANG - SEB MARANG
RM 250,000
RM 179.00
1,399 sqft
May 2022
OFF JLN MARANG - SEB MARANG
RM 300,000
RM 214.00
1,399 sqft
Mar 2022
3,650 sqft 1 units Single Storey Terraced
RM 270,000 PSF: RM 74
Road Price PSF Size Date
OFF JLN MARANG - SEB MARANG
RM 270,000
RM 74.00
3,627 sqft
Nov 2023