SERATING in Marang, Terengganu recorded 8 subsale transactions in 2024, with a median price of RM 313K and a median price per square foot (PSF) of RM 122.
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 313K, with most transactions falling within a stable range of RM 280K to RM 345K, and a typical market range of RM 285K to RM 340K.
Most transactions involved 1 - 1 1/2 storey semi-detached, with high diversity across multiple property types.
Price per square foot shows a median of RM 122, though individual units vary from RM 96 to RM 149 in the core range. The broader market spans RM 99.13 to RM 144.88, indicating diverse property characteristics. The spread of RM 45.75 (IQR) and deviation of RM 27 (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.
