TAMAN MELATI in Baling, Kedah recorded 0 subsale transactions in 2023, sized between 2,000 and 3,000 sqft, with a median price of RM 140K and a median price per square foot (PSF) of RM 108.
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 RM 140K, with most transactions falling within a stable range of RM 100K to RM 180K, and a typical market range of RM 110K to RM 170K.
Most transactions involved low-cost house, though some variety exists in the market.
Price per square foot shows a median of RM 108, though individual units vary from RM 62 to RM 154 in the core range. The broader market spans RM 77.00 to RM 139.00, indicating diverse property characteristics. A wider spread (IQR: RM 62.00) and deviation (MAD: RM 46) 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.
