TAMAN MURNI

Area Intelligence

2023

Median Price

RM 246,500

PSF: RM 109

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Residential PSF Trends

Median Price

RM 246,500

PSF: RM 109

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 109.

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 199K to RM 294K.

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

The median PSF stands at RM 109, with core pricing between RM 87 and RM 131. Market pricing typically extends from RM 89.77 to RM 128.77, reflecting moderate variation in unit pricing. The spread of RM 39.00 (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.

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TAMAN MURNI, Kuala Muda, Kedah

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