BUKIT BANYAN

Area Intelligence

2023

Median Price

RM 500,000

PSF: RM 264

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Residential PSF Trends

Median Price

RM 500,000

PSF: RM 261

Commercial PSF Trends

Median Price

RM 383,500

RM 295 PSF

BUKIT BANYAN in Kuala Muda, Kedah recorded 71 subsale transactions in 2023, with a median price of RM 500K and a median price per square foot (PSF) of RM 264.

This area contains both residential and commercial properties. View 293 residential properties or 8 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 500K, with most transactions falling within a stable range of RM 768K to RM 573K, and a typical market range of RM 768K to RM 600K.

Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.

The median PSF stands at RM 264, with core pricing between RM 223 and RM 305. Market pricing typically extends from RM 231.00 to RM 297.00, reflecting moderate variation in unit pricing. The spread of RM 66.00 (IQR) and deviation of RM 41 (MAD) suggest moderate price variations reflecting different property features.

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. Moderate transaction volume may require patience when buying or selling.

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BUKIT BANYAN, Kuala Muda, Kedah

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