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

SEDC PEKAN MARANG (MR(P) 29-01) in Marang, Terengganu recorded 2 Single Storey Shop properties subsale transactions between 2021 and 2025 for single storey shop properties, with a median price of RM 810K and a median price per square foot (PSF) of RM 239.

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 810K, with most transactions falling within a stable range of RM 620K to RM 1.00 million, and a typical market range of RM 800K to RM 820K.

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

Price per square foot shows a median of RM 239, though individual units vary from RM 45 to RM 433 in the core range. The broader market spans RM 239.00 to RM 239.00, indicating diverse property characteristics. A wider spread (IQR: RM 0.00) and deviation (MAD: RM 194) indicate significant PSF variations, likely due to diverse property types or conditions.

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.