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

SEDC PEKAN MARANG (MR(P) 29-01) in Marang, Terengganu recorded 4 3-Storey Shop properties subsale transactions between 2021 and 2025 for 3-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 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.