SERATING

SERATING in Marang, Terengganu recorded 5 subsale transactions in 2023, with a median price of RM 290K and a median price per square foot (PSF) of RM 96.

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

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 290K, with most transactions falling within a stable range of RM 280K to RM 300K, and a typical market range of RM 280K to RM 310K.

Most transactions involved 1 - 1 1/2 storey semi-detached, with high diversity across multiple property types.

The median PSF stands at RM 96, with core pricing between RM 81 and RM 111. Market pricing typically extends from RM 73.13 to RM 118.88, reflecting moderate variation in unit pricing. The spread of RM 45.75 (IQR) and deviation of RM 15 (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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.