| Road | Price | PSF | Size | Date | Type |
|---|
|
Lorong Cendana 5/2
|
RM 155,000
|
RM 130
|
1,195 sqft
|
|
|
Lorong Cendana 5/2
|
RM 220,000
|
RM 84
|
2,626 sqft
|
|
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Market Snapshot
ResidentialRM 187,500
RM 107 psfMedian transaction price
TAMAN CENDANA, Bandar Sungai Petani, 08000, Kuala Muda, Kedah, Malaysia
Taman Cendana in Kuala Muda, Kedah recorded 2 subsale transactions in 2021, with a median price of RM 188K and a median price per square foot (PSF) of RM 107.
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 188K, with most transactions falling within a stable range of RM 155K to RM 220K, and a typical market range of RM 155K to RM 220K.
Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.
Price per square foot shows a median of RM 107, though individual units vary from RM 84 to RM 130 in the core range. The broader market spans RM 71.00 to RM 142.50, indicating diverse property characteristics. The spread of RM 71.50 (IQR) and deviation of RM 23 (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.