MERANG
Setiu, Terengganu · Freehold · 6 transactions
Median Price
RM380K
RM300K – RM410K
Median PSF
RM228
RM182 – RM231
Transactions
6
2021-12 to 2024-08
Size Range
1109 – 2411
sq.ft (built-up)
Recorded Transactions
Median Price
Median PSF
Market Analysis
Data-driven insights for MERANG
Investment Return
Earliest PSF (2021)
RM231
Current PSF (2024)
RM221
Capital Gain
-4.3%
Total Return (est.)
2.9% p.a.
| Capital appreciation (3 years) | -4.3% |
| Annualised capital return | -1.4% p.a. |
| Est. gross rental yield | 4.3% p.a. |
| Est. total return (capital + rental) | 2.9% p.a. |
| vs Fixed Deposit (3.5% p.a. x 3yr) | -1.9% |
*Based on earliest recorded transaction (2021). Actual launch price may differ. Rental yield estimated from Terengganu district averages.
Market Verdict
PSF Trend: Stable
PSF moved from RM231 (2021) to RM221 (2024)
Liquidity: Low
6 transactions over 3 years (~2/year)
4% below Setiu average
This project: RM228 PSF vs Setiu median: RM238 PSF
Est. Total Return: 2.9% p.a. (below FD)
Capital loss (-1.4% p.a.) + rental yield (~4.3% p.a.)
Verdict
MERANG delivers a modest estimated total return of 2.9% p.a. — comprising -1.4% capital depreciation and ~4.3% rental yield over 3 years. This underperforms fixed deposits (3.5% p.a.), suggesting limited investment appeal at current prices. PSF is in line with the Setiu average, suggesting fair market pricing. Best suited for long-term holders.
Investment return & market verdict
ROI since launch, unit mix, rental yield, area comparison
Transaction History
Showing 5 of 6| Date | Type | Tenure | Size (sqft) | PSF | Price |
|---|---|---|---|---|---|
| Aug 2024 | Detached | Freehold | 1,109 | RM90 | RM100K |
| Aug 2024 | Detached | Freehold | 1,647 | RM249 | RM410K |
| May 2024 | Detached | Freehold | 1,722 | RM221 | RM380K |
| Nov 2023 | Detached | Freehold | 1,647 | RM182 | RM300K |
| Oct 2023 | Detached | Leasehold | 2,411 | RM228 | RM550K |
1 more transactions hidden
Full Report Includes
Complete NAPIC transaction data with trend analysis — RM69.90 per report
Investment ROI
Capital gain + rental yield since launch
Market verdict
Trend, liquidity, and area comparison
Unit mix breakdown
Price & PSF by unit size
All transactions
Full table of 6 records
3 interactive charts
Scatter, price & PSF vs Setiu & Terengganu
Percentile breakdown
25th, 50th, 75th price & PSF
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