TAMAN KALONGAN EMAS (MR-517) RUSILA

TAMAN KALONGAN EMAS (MR-517) RUSILA in Marang, Terengganu recorded 2 subsale transactions in 2022, with a median price of RM 216K and a median price per square foot (PSF) of RM 135.

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 216K, with most transactions falling within a stable range of RM 132K to RM 300K, and a typical market range of RM 190K to RM 242K.

Most transactions involved low-cost house, though some variety exists in the market.

Price per square foot shows a median of RM 135, though individual units vary from RM 87 to RM 183 in the core range. The broader market spans RM 101.50 to RM 168.50, indicating diverse property characteristics. A wider spread (IQR: RM 67.00) and deviation (MAD: RM 48) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.