TAMAN SRI UTAMA in Kuala Muda, Kedah recorded 7 subsale transactions in 2022, with a median price of RM 180K and a median price per square foot (PSF) of RM 127.
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 180K, with most transactions falling within a stable range of RM 141K to RM 219K, and a typical market range of RM 137K to RM 223K.
Most transactions involved low-cost house, with moderate diversity in property types available.
For price per square foot, the median is RM 127, with most transactions between RM 116 and RM 138. The usual range is RM 116.38 to RM 137.63, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 21.25 and an average deviation (MAD) of RM 11 indicate a highly stable PSF trend across properties.
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.
