TAMAN RASA SAYANG 1 & 2 in Kuala Muda, Kedah recorded 3 subsale transactions in 2023, with a median price of RM 240K and a median price per square foot (PSF) of RM 111.
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 240K, with most transactions falling within a stable range of RM 230K to RM 250K, and a typical market range of RM 225K to RM 250K.
Most transactions involved 1 - 1 1/2 storey semi-detached, with moderate diversity in property types available.
The median PSF stands at RM 111, with core pricing between RM 99 and RM 123. Market pricing typically extends from RM 84.60 to RM 136.60, reflecting moderate variation in unit pricing. With an IQR of RM 52.00 and MAD of RM 12, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.