Terengganu
Marang
Pulau Kerengga
SEDC PEKAN MARANG (MR(P) 29-01)

Area Intelligence

SEDC PEKAN MARANG (MR(P) 29-01)

2 properties

2023

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Median Price

RM 600,000

PSF: RM 419

Commercial Market

Median Price

RM 600,000

RM 419 PSF 0.0%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

Single Storey Terraced

72 properties

16,616,000 txns

Median Price

RM 210,000

+1.6% CAGR

Median PSF

RM 152.00

-0.9% CAGR

Double Storey Terraced

28 properties

13,417,000 txns

Median Price

RM 418,000

+14.6% CAGR

Median PSF

RM 267.50

-4.9% CAGR

Shop/Retail Lot

7 properties

2,600,000 txns

Median Price

RM 300,000

-19.1% CAGR

Median PSF

RM 252.50

+8.5% CAGR

Flat

4 properties

1,000,000 txns

Median Price

RM 250,000

Median PSF

RM 392.00

3-Storey Storey Shop

1 properties

600,000 txns

Median Price

RM 600,000

Median PSF

RM 429.00

Property Type	Properties	Transactions	Median Price	Price CAGR	Median PSF	PSF CAGR
Single Storey Terraced	72	16,616,000	RM 210,000 ±5K MAD	+1.64%	RM 152.00 ±3 MAD	-0.90%
Double Storey Terraced	28	13,417,000	RM 418,000 ±18K MAD	+14.56%	RM 267.50 ±20 MAD	-4.86%
Shop/Retail Lot	7	2,600,000	RM 300,000 ±15K MAD	-19.06%	RM 252.50 ±11 MAD	+8.55%
Flat	4	1,000,000	RM 250,000	-	RM 392.00	-
3-Storey Storey Shop	1	600,000	RM 600,000	-	RM 429.00	-

SEDC PEKAN MARANG (MR(P) 29-01) in Marang, Terengganu recorded 2 subsale transactions in 2023, with a median price of RM 600K and a median price per square foot (PSF) of RM 419.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

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

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.