BANDAR LAGUNA MERBOK (KEMBAR)

BANDAR LAGUNA MERBOK (KEMBAR) in Kuala Muda, Kedah recorded 12 subsale transactions in 2023, with a median price of RM 653K and a median price per square foot (PSF) of RM 187.

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 653K, with most transactions falling within a stable range of RM 580K to RM 881K, and a typical market range of RM 616K to RM 689K.

Most transactions involved 2 - 2 1/2 storey semi-detached, with minimal variety in property types.

The median PSF stands at RM 187, with core pricing between RM 164 and RM 210. Market pricing typically extends from RM 174.75 to RM 199.25, reflecting moderate variation in unit pricing. With an IQR of RM 24.50 and MAD of RM 23, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.