BUKIT BANYAN

Area Intelligence

2023

Median Price

RM 165,000

PSF: RM 186

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Residential PSF Trends

Median Price

RM 165,000

PSF: RM 186

Commercial PSF Trends

Median Price

RM 620,000

RM 437 PSF

BUKIT BANYAN in Kuala Muda, Kedah recorded 2 subsale transactions in 2023, with a median price of RM 165K and a median price per square foot (PSF) of RM 186.

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 165K, with most transactions falling within a stable range of RM 160K to RM 170K, and a typical market range of RM 160K to RM 170K.

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

For price per square foot, the median is RM 186, with most transactions between RM 179 and RM 193. The usual range is RM 153.00 to RM 219.00, showing that most units are priced quite close to each other. With an IQR of RM 66.00 and MAD of RM 7, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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BUKIT BANYAN, Kuala Muda, Kedah

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