TAMAN ARKID

TAMAN ARKID in Kuala Muda, Kedah recorded 9 subsale transactions in 2024, with a median price of RM 278K and a median price per square foot (PSF) of RM 130.

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 278K, with most transactions falling within a stable range of RM 195K to RM 361K, and a typical market range of RM 218K to RM 338K.

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

The median PSF stands at RM 130, with core pricing between RM 109 and RM 151. Market pricing typically extends from RM 112.50 to RM 147.50, reflecting moderate variation in unit pricing. The spread of RM 35.00 (IQR) and deviation of RM 21 (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.