| Road | Price | PSF | Size | Date | Type |
|---|
|
Off Jalan Rusila-Telekom
|
RM 140,000
|
RM 106
|
1,324 sqft
|
|
|
|
Jalan Marang
|
RM 180,000
|
RM 136
|
1,324 sqft
|
|
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Market Snapshot
ResidentialRM 160,000
RM 121 psfMedian transaction price
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 140K to RM 180K.
Most transactions involved detached, with moderate diversity in property types available.
The median PSF stands at RM 121, with core pricing between RM 106 and RM 136. Market pricing typically extends from RM 105.60 to RM 136.10, reflecting moderate variation in unit pricing. With an IQR of RM 30.50 and MAD of RM 15, the PSF demonstrates reasonable consistency across the market.
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.