TAMAN DESA MERANTI

TAMAN DESA MERANTI in Kuala Muda, Kedah recorded 2 subsale transactions in 2023, with a median price of RM 273K and a median price per square foot (PSF) of RM 195.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 273K, with most transactions falling within a stable range of RM 265K to RM 280K, and a typical market range of RM 265K to RM 280K.

Most transactions involved 2 - 2 1/2 storey shop, though some variety exists in the market.

For price per square foot, the median is RM 195, with most transactions between RM 189 and RM 200. The usual range is RM 169.75 to RM 219.25, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 49.50 and an average deviation (MAD) of RM 6 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.