BANDAR LAGUNA MERBOK (TERES)

BANDAR LAGUNA MERBOK (TERES) in Kuala Muda, Kedah recorded 52 subsale transactions in 2024, with a median price of RM 400K and a median price per square foot (PSF) of RM 268.

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 400K, with most transactions falling within a stable range of RM 340K to RM 460K, and a typical market range of RM 365K to RM 436K.

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

The median PSF stands at RM 268, with core pricing between RM 225 and RM 310. Market pricing typically extends from RM 244.50 to RM 290.50, reflecting moderate variation in unit pricing. The spread of RM 46.00 (IQR) and deviation of RM 43 (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. The consistent property type and stable pricing make it easier to assess value and compare trends. Moderate transaction volume may require patience when buying or selling.