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Market Snapshot
ResidentialRM 350,000
RM 63 psfMedian transaction price
Taman Kampong Raja, Kuala Muda, Kedah
Taman Kampong Raja in Kuala Muda, Kedah recorded 0 subsale transactions in 2021, with a median price of RM 195K and a median price per square foot (PSF) of RM 69.
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 195K, with most transactions falling within a stable range of RM 155K to RM 235K, and a typical market range of RM 146K to RM 244K.
Most transactions involved 1 - 1 1/2 storey semi-detached, with minimal variety in property types.
The median PSF stands at RM 69, with core pricing between RM 58 and RM 80. Market pricing typically extends from RM 60.75 to RM 77.25, reflecting moderate variation in unit pricing. The spread of RM 16.50 (IQR) and deviation of RM 11 (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.