Padang Mengkuang

Terengganu, Marang, Bukit Payung

Property Transactions

4 subsales grouped by size

Price Size
Period
transactions middle 50% (P25–P75)
2,600 sqft
2-Sty Shop
RM500,000
Jalan Bkt Payong-Binjai Rendah (P/L
2,616 sqft · RM191 PSF
2,900 sqft
Semi-D
RM340,000
Off Jalan K Berang-K Trg (P/L:10797)
2,895 sqft · RM117 PSF
3,150 sqft
Semi-D
RM360,000
Off Jalan K Berang-K Trg (P/L:10797)
3,132 sqft · RM115 PSF
3,650 sqft
Semi-D
RM330,000
Jalan K.terengganu-K.berang
3,660 sqft · RM90 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM340,000

RM115 psf

Median transaction price

Padang Mengkuang
© OpenStreetMap · CARTO

Padang Mengkuang, Marang, Terengganu

Padang Mengkuang in Marang, Terengganu recorded 4 subsale transactions in 2022, with a median price of RM350K and a median price per square foot (PSF) of RM116.

This area contains both residential and commercial properties. View 3 residential properties or 5 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM350K, with most transactions falling within a stable range of RM330K to RM419K, and a typical market range of RM330K to RM428K.

Most transactions involved 1 - 1 1/2 storey semi-detached, with moderate diversity in property types available.

Price per square foot shows a median of RM116, though individual units vary from RM78 to RM154 in the core range. The broader market spans RM61.68 to RM170.68, indicating diverse property characteristics. A wider spread (IQR: RM109.00) and deviation (MAD: RM38) 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.