TAMAN MEDAN JAYA (MR-170) RUSILA

TAMAN MEDAN JAYA (MR-170) RUSILA in Marang, Terengganu recorded 2 subsale transactions in 2023, with a median price of RM 160K and a median price per square foot (PSF) of RM 121.

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 160K, with most transactions falling within a stable range of RM 140K to RM 180K, and a typical market range of RM 148K to RM 173K.

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

The median PSF stands at RM 121, with core pricing between RM 106 and RM 136. Market pricing typically extends from RM 99.25 to RM 142.75, reflecting moderate variation in unit pricing. With an IQR of RM 43.50 and MAD of RM 15, the PSF demonstrates reasonable consistency across the market.

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.