TAMAN MURNI

TAMAN MURNI in Kuala Muda, Kedah recorded 4 subsale transactions in 2023, with a median price of RM 247K and a median price per square foot (PSF) of RM 110.

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 247K, with most transactions falling within a stable range of RM 155K to RM 344K, and a typical market range of RM 197K to RM 297K.

Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.

Price per square foot shows a median of RM 110, though individual units vary from RM 87 to RM 132 in the core range. The broader market spans RM 87.00 to RM 132.00, indicating diverse property characteristics. The spread of RM 45.00 (IQR) and deviation of RM 22 (MAD) suggest moderate price variations reflecting different property features.

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.