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 191K to RM 241K, and a typical market range of RM 193K to RM 239K.
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 102 to RM 169 in the core range. The broader market spans RM 109.50 to RM 160.50, indicating diverse property characteristics. The spread of RM 51.00 (IQR) and deviation of RM 34 (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.