TAMAN DAMAI

Area Intelligence

2023

Median Price

RM 177,500

PSF: RM 61

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Residential PSF Trends

Median Price

RM 177,500

PSF: RM 61

TAMAN DAMAI in Kuala Muda, Kedah recorded 2 subsale transactions in 2023, sized between 2,000 and 3,000 sqft, with a median price of RM 178K and a median price per square foot (PSF) of RM 61.

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 178K, with most transactions falling within a stable range of RM 145K to RM 210K, and a typical market range of RM 145K to RM 210K.

Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.

The median PSF stands at RM 61, with core pricing between RM 50 and RM 72. Market pricing typically extends from RM 30.60 to RM 91.10, reflecting moderate variation in unit pricing. The spread of RM 60.50 (IQR) and deviation of RM 11 (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. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN DAMAI, Kuala Muda, Kedah

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