BANDAR UTAMA

BANDAR UTAMA in Kuala Muda, Kedah recorded 30 subsale transactions in 2023, with a median price of RM 245K and a median price per square foot (PSF) of RM 161.

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 245K, with most transactions falling within a stable range of RM 177K to RM 313K, and a typical market range of RM 199K to RM 291K.

Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.

Price per square foot shows a median of RM 161, though individual units vary from RM 122 to RM 200 in the core range. The broader market spans RM 133.63 to RM 188.38, indicating diverse property characteristics. The spread of RM 54.75 (IQR) and deviation of RM 39 (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. Moderate transaction volume may require patience when buying or selling.