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SEDC PEKAN MARANG (MR(P) 29-01)

Marang, Terengganu · Commercial · 17 recorded sales, May 2022 to Jul 2024

No sale recorded since Jul 20242 - 2 1/2 Storey Shop · 83 - 3 1/2 Storey Shop · 71 - 1 1/2 Storey Shop · 2
RM 223psf median, against main floor area · 17 priced sales
Not matched to a map location. NAPIC publishes no coordinates, so a project is placed by matching its name against OpenStreetMap; this one has no match yet. Every price on this page is unaffected.

The record

Middle half (25th–75th)
RM 223 – 247 psf
Median price
RM 600,000
Price range
RM 500k – RM 1.35m
Main floor area
851 – 5,231 sq ft
Land area
1,346 – 21,980 sq ft
Median price per sq ft of land
RM 419

Median of 17 sales that carry a usable area, out of 17 on record. Half the sales fell inside the middle-half band; half did not.

Land is published separately from main floor area and is the larger of the two here — a median of 1,432 sq ft against 2,696. Two houses can share a floor area and differ by half their land, so the price per square foot of the building is not by itself a comparison between them.

Liquidity

No recorded sale in the 12 months to Jul 2024. Last on record: 11 Jul 2024.

Counted against the newest sale in the corpus, not against today: NAPIC runs about three months in arrears, so a window ending today would quietly be a nine-month window and read low.

20224 · RM 240 psf
20234 · RM 235 psf
20249 · RM 223 psf

Quarterly medians · not a price trend

1434607782022 Q2 — RM 716 psf, 2 sales2022 Q4 — RM 223 psf, 2 sales2023 Q1 — RM 223 psf, 2 sales2023 Q2 — RM 250 psf, 2 sales2024 Q1 — RM 223 psf, 5 sales2024 Q2 — RM 204 psf, 2 sales2024 Q3 — RM 223 psf, 2 sales
2022 Q22024 Q3
5+ sales in the quarterfewer — plotted, never joinedNo run of 3 quarters is dense enough to draw a line through.

Each point is the median psf of what sold that quarter, so it moves with the mix as much as with price — a quarter in which the larger units happened to change hands reads low per square foot without anything having got cheaper. A line is drawn only along a run of three or more consecutive quarters that each carry five or more sales — two points are a difference, not a direction.

There is no mix-adjusted series for commercial in Terengganu long or clean enough to state a direction, so this page states none.

Distribution · 17 priced sales

RM 197–257 psf — 14 salesRM 257–317 psf — 1 saleRM 317–376 psf — 0 salesRM 376–436 psf — 0 salesRM 436–495 psf — 0 salesRM 495–555 psf — 0 salesRM 555–615 psf — 0 salesRM 615–674 psf — 0 salesRM 674–734 psf — 1 saleRM 734–793 psf — 0 salesRM 793–853 psf — 0 salesRM 853–913 psf — 0 salesRM 913–972 psf — 0 salesRM 972–1,032 psf — 1 sale
RM 197RM 1,032 psf

Each bar counts sales in a RM 60 psf band, measured against main floor area. The axis is trimmed to the 2nd–98th percentile, so a handful of sales fall outside it; they are still counted in every figure above.

Most recent sales · 17 of 17

DateTypeArea (sq ft)PricepsfTenure
11 Jul 20243 - 3 1/2 Storey Shop2,696RM 600,000223Leasehold
11 Jul 20243 - 3 1/2 Storey Shop2,696RM 600,000223Leasehold
5 Jun 20242 - 2 1/2 Storey Shop2,696RM 600,000223Leasehold
5 Jun 20242 - 2 1/2 Storey Shop2,696RM 500,000186Leasehold
6 Mar 20243 - 3 1/2 Storey Shop5,231RM 1,260,000241Leasehold
6 Mar 20243 - 3 1/2 Storey Shop2,696RM 600,000223Leasehold
6 Mar 20242 - 2 1/2 Storey Shop2,696RM 600,000223Leasehold
6 Mar 20242 - 2 1/2 Storey Shop2,696RM 600,000223Leasehold
6 Mar 20241 - 1 1/2 Storey Shop851RM 620,000728Leasehold
18 May 20233 - 3 1/2 Storey Shop4,045RM 1,000,000247Leasehold
18 May 20233 - 3 1/2 Storey Shop3,970RM 1,000,000252Leasehold
12 Jan 20232 - 2 1/2 Storey Shop2,696RM 600,000223Leasehold
12 Jan 20232 - 2 1/2 Storey Shop2,696RM 600,000223Leasehold
3 Oct 20222 - 2 1/2 Storey Shop2,696RM 600,000223Leasehold
3 Oct 20222 - 2 1/2 Storey Shop2,696RM 600,000223Leasehold
29 May 20223 - 3 1/2 Storey Shop5,231RM 1,350,000258Leasehold
29 May 20221 - 1 1/2 Storey Shop851RM 1,000,0001,175Leasehold

Others in Marang · commercial

PERKEDAIAN WAKAF TAPAI (MR 54-04)
RM 163 psf · 8 sales
TAMAN RAYA (MR-133)
RM 149 psf · 5 sales

Where these numbers come from

Every figure on this page is computed from registered transactions published by the National Property Information Centre (NAPIC), Valuation and Property Services Department (JPPH), Ministry of Finance Malaysia, as open data. These are completed sales, not asking prices, and not properties currently on the market.
Areas are as published: main floor area. Nothing here is a valuation.