Setiu, Terengganu · Freehold · 6 transactions
Estimated Market Value
Units (1109–2411 sqft) estimated at RM253K – RM550K based on median PSF of RM228/sqft (6 verified transactions)
-4.3%
since 2021
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)
| 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 |
| Dec 2021 | Detached | Leasehold | 1,432 | RM231 | RM330K |
MERANG · 6 transactions
vs RM200–500 valuer fee
RM69.90
one-time · no subscription
Investment ROI since first transaction
Capital gain 2021–2024 + est. rental yield
Market verdict
Trend direction, liquidity rating, PSF vs Setiu average
All 6 transaction records
Complete data, filterable & sortable
3 interactive charts
Scatter plot, price & PSF vs Setiu & Terengganu
Unit mix breakdown
Median price & PSF by size category
Rental yield analysis
Est. monthly rent by furnishing type
Data-driven insights for MERANG
Earliest PSF (2021)
RM231
Current PSF (2024)
RM221
Capital Gain
-4.3%
Total Return (est.)
3.0% p.a.
| Capital appreciation (3 years) | -4.3% |
| Annualised capital return | -1.4% p.a. |
| Est. gross rental yield | 4.4% p.a. |
| Est. total return (capital + rental) | 3.0% p.a. |
| vs Fixed Deposit (3.5% p.a. x 3yr) | -1.6% |
*Based on earliest recorded transaction (2021). Actual launch price may differ. Rental yield computed from 0 active rental listings.
Median Rent
RM1,400/mo
Rent Range
RM1100-1700
25th – 75th pct
Rent PSF
RM0.82
Est. Yield
4.4% p.a.
| Furnishing | Est. Rent |
|---|---|
| Bare/Unfurnished | RM1,200/mo |
| Semi Furnished | RM1,400/mo |
| Fully Furnished | RM1,800/mo |
*Estimated rental figures based on Terengganu district average gross yield (4.4%). Actual rents may vary.
PSF Trend: Stable
PSF moved from RM231 (2021) to RM221 (2024)
Liquidity: Low
6 transactions over 3 years (~2/year)
24% below Setiu average
This project: RM228 PSF vs Setiu median: RM301 PSF
Est. Total Return: 3.0% p.a. (below FD)
Capital loss (-1.4% p.a.) + rental yield (~4.4% p.a.)
MERANG delivers a modest estimated total return of 3.0% p.a. — comprising -1.4% capital depreciation and ~4.4% rental yield over 3 years. This underperforms fixed deposits (3.5% p.a.), suggesting limited investment appeal at current prices. PSF trades 24% below the Setiu average — potentially undervalued. Best suited for long-term holders.
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ROI since first transaction, unit mix breakdown, rental yield, area comparison & market verdict
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