BANDAR LAGUNA MERBOK (TERES)

BANDAR LAGUNA MERBOK (TERES) in Kuala Muda, Kedah recorded 67 subsale transactions in 2022, with a median price of RM 379K and a median price per square foot (PSF) of RM 250.

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 379K, with most transactions falling within a stable range of RM 292K to RM 466K, and a typical market range of RM 344K to RM 415K.

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

The median PSF stands at RM 250, with core pricing between RM 205 and RM 295. Market pricing typically extends from RM 227.00 to RM 273.00, reflecting moderate variation in unit pricing. The spread of RM 46.00 (IQR) and deviation of RM 45 (MAD) suggest moderate price variations reflecting different property features.

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. Moderate transaction volume may require patience when buying or selling.