Rakr Darat Pak Chan (Mr-588) P Kerengga in Marang, Terengganu recorded 3 subsale transactions in 2023, with a median price of RM17K and a median price per square foot (PSF) of RM5.

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 RM17K, with most transactions falling within a stable range of RM17K to RM127K, and a typical market range of RM17K to RM109K.

Most transactions involved detached, with minimal variety in property types.

Price per square foot shows a median of RM5, though individual units vary from RM0 to RM28 in the core range. The broader market spans RM0.00 to RM29.36, indicating diverse property characteristics. A wider spread (IQR: RM49.00) and deviation (MAD: RM23) 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.