TAMAN JERAI FASA 2

TAMAN JERAI FASA 2 in Kuala Muda, Kedah recorded 3 subsale transactions in 2023, with a median price of RM 170K and a median price per square foot (PSF) of RM 131.

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 170K, with most transactions falling within a stable range of RM 148K to RM 200K, and a typical market range of RM 152K to RM 188K.

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

The median PSF stands at RM 131, with core pricing between RM 113 and RM 149. Market pricing typically extends from RM 119.75 to RM 142.25, reflecting moderate variation in unit pricing. With an IQR of RM 22.50 and MAD of RM 18, the PSF demonstrates reasonable consistency across the market.

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.