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

SEDC PEKAN MARANG (MR(P) 29-01) in Marang, Terengganu recorded 7 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, 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. The median price is RM 600K, with most transactions falling within a stable range of RM 565K to RM 600K, and a typical market range of RM 590K to RM 600K.

Within the Double Storey Shop category, 2 - 2 1/2 storey shop dominated the market, with moderate diversity in property types available.

For price per square foot, the median is RM 419, with most transactions between RM 395 and RM 443. The usual range is RM 419.00 to RM 419.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 0.00 and an average deviation (MAD) of RM 24 indicate a highly stable PSF trend across properties.

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.