TAMAN ARKID

Area Intelligence

2022

Median Price

RM 270,000

PSF: RM 119

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Residential PSF Trends

Median Price

RM 270,000

PSF: RM 119

TAMAN ARKID in Kuala Muda, Kedah recorded 2 subsale transactions in 2022, sized between 2,000 and 3,000 sqft, with a median price of RM 270K and a median price per square foot (PSF) of RM 119.

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 270K, with most transactions falling within a stable range of RM 190K to RM 350K, and a typical market range of RM 213K to RM 328K.

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

Price per square foot shows a median of RM 119, though individual units vary from RM 95 to RM 143 in the core range. The broader market spans RM 101.01 to RM 136.51, indicating diverse property characteristics. The spread of RM 35.50 (IQR) and deviation of RM 24 (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.

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TAMAN ARKID, Kuala Muda, Kedah

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