| Road | Price | PSF | Size | Date | Type |
|---|
|
Lorong 53
|
RM 170,000
|
RM 142
|
1,195 sqft
|
|
|
Lorong Mesra 12
|
RM 170,000
|
RM 121
|
1,399 sqft
|
|
|
Lorong Mesra 14
|
RM 300,000
|
RM 97
|
3,100 sqft
|
|
|
Lorong Mesra 4
|
RM 300,000
|
RM 63
|
4,768 sqft
|
|
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Market Snapshot
ResidentialRM 235,000
RM 109 psfMedian transaction price
Taman Ria Mesra Fasa 1 in Kuala Muda, Kedah recorded 4 subsale transactions in 2022, with a median price of RM 235K 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 235K, with most transactions falling within a stable range of RM 170K to RM 300K, and a typical market range of RM 178K to RM 293K.
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 109, though individual units vary from RM 80 to RM 139 in the core range. The broader market spans RM 86.76 to RM 131.51, indicating diverse property characteristics. A wider spread (IQR: RM 44.75) and deviation (MAD: RM 30) indicate significant PSF variations, likely due to diverse property types or conditions.
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.