TAMAN ARKID

Area Intelligence

2023

Median Price

RM 350,000

PSF: RM 130

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Residential PSF Trends

Median Price

RM 350,000

PSF: RM 130

TAMAN ARKID in Kuala Muda, Kedah recorded 3 subsale transactions in 2023, priced between RM 300K and RM 500K, with a median price of RM 350K 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 350K, with most transactions falling within a stable range of RM 320K to RM 383K, and a typical market range of RM 320K to RM 400K.

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

For price per square foot, the median is RM 130, with most transactions between RM 120 and RM 140. The usual range is RM 112.64 to RM 148.14, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 35.50 and an average deviation (MAD) of RM 10 indicate a highly stable PSF trend across properties.

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.

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TAMAN ARKID, Kuala Muda, Kedah

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