SP SAUJANA in Kuala Muda, Kedah recorded 21 subsale transactions in 2021, with a median price of RM 420K and a median price per square foot (PSF) of RM 193.
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 420K, with most transactions falling within a stable range of RM 360K to RM 480K, and a typical market range of RM 316K to RM 525K.
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 193, with most transactions between RM 175 and RM 211. The usual range is RM 176.50 to RM 209.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 33.00 and an average deviation (MAD) of RM 18 indicate a highly stable PSF trend across properties.
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.