RAKR DARAT PAK CHAN (MR-588) P KERENGGA

RAKR DARAT PAK CHAN (MR-588) P KERENGGA in Marang, Terengganu recorded 3 subsale transactions in 2023, with a median price of RM 17K and a median price per square foot (PSF) of RM 5.

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 17K, with most transactions falling within a stable range of RM 17K to RM 127K, and a typical market range of RM 17K to RM 109K.

Most transactions involved detached, with minimal variety in property types.

Price per square foot shows a median of RM 5, though individual units vary from RM 0 to RM 28 in the core range. The broader market spans RM 0.00 to RM 29.50, indicating diverse property characteristics. A wider spread (IQR: RM 49.00) and deviation (MAD: RM 23) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.