SEDC PEKAN MARANG (MR(P) 29-01)
Commercial Market
Median Price
RM 930,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Single Storey Terraced
72 properties
Median Price
RM 210,000
+1.6% CAGR
Median PSF
RM 152.00
-0.9% CAGR
Double Storey Terraced
28 properties
Median Price
RM 418,000
+14.6% CAGR
Median PSF
RM 267.50
-4.9% CAGR
Shop/Retail Lot
7 properties
Median Price
RM 300,000
-19.1% CAGR
Median PSF
RM 252.50
+8.5% CAGR
Flat
4 properties
Median Price
RM 250,000
Median PSF
RM 392.00
3-Storey Storey Shop
1 properties
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 4 3-Storey Storey Shop properties subsale transactions between 2021 and 2025 for 3-storey storey shop properties, with a median price of RM 930K and a median price per square foot (PSF) of RM 504.
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 930K, with most transactions falling within a stable range of RM 600K to RM 1.28 million, and a typical market range of RM 920K to RM 940K.
Within the 3-Storey Storey Shop category, 2 - 2 1/2 storey shop dominated the market, with moderate diversity in property types available.
The median PSF stands at RM 504, with core pricing between RM 415 and RM 593. Market pricing typically extends from RM 504.00 to RM 504.00, reflecting moderate variation in unit pricing. The spread of RM 0.00 (IQR) and deviation of RM 89 (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.
Filter by type, year, price, and size
Transactions
4 properties grouped by size
Road | Price | PSF | Size | Date |
---|---|---|---|---|
OFF JLN KT/DUNGUN
|
RM 600,000
|
RM 419.00
|
1,432 sqft
|
Jul 2024
|
OFF JLN KT/DUNGUN
|
RM 600,000
|
RM 419.00
|
1,432 sqft
|
Mar 2024
|
Road | Price | PSF | Size | Date |
---|---|---|---|---|
OFF JLN KT/DUNGUN
|
RM 1,260,000
|
RM 603.00
|
2,088 sqft
|
Mar 2024
|
Road | Price | PSF | Size | Date |
---|---|---|---|---|
OFF JLN KT/DUNGUN
|
RM 1,350,000
|
RM 589.00
|
2,293 sqft
|
May 2022
|