TAMAN KELISA RIA FASA 1 in Kuala Muda, Kedah recorded 34 subsale transactions in 2023, with a median price of RM 204K and a median price per square foot (PSF) of RM 134.
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 204K, with most transactions falling within a stable range of RM 169K to RM 239K, and a typical market range of RM 169K to RM 239K.
Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.
The median PSF stands at RM 134, with core pricing between RM 111 and RM 158. Market pricing typically extends from RM 109.88 to RM 158.13, reflecting moderate variation in unit pricing. The spread of RM 48.25 (IQR) and deviation of RM 24 (MAD) suggest moderate price variations reflecting different property features.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Moderate transaction volume may require patience when buying or selling.