TAMAN TASEK INDAH in Kuala Muda, Kedah recorded 2 subsale transactions in 2021, with a median price of RM 121K and a median price per square foot (PSF) of RM 94.
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 121K, with most transactions falling within a stable range of RM 89K to RM 154K, and a typical market range of RM 92K to RM 150K.
Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.
Price per square foot shows a median of RM 94, though individual units vary from RM 74 to RM 114 in the core range. The broader market spans RM 72.50 to RM 115.50, indicating diverse property characteristics. The spread of RM 43.00 (IQR) and deviation of RM 20 (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.