TAMAN KENARI

TAMAN KENARI in Kuala Muda, Kedah recorded 4 subsale transactions in 2023, with a median price of RM 200K and a median price per square foot (PSF) of RM 167.

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 200K, with most transactions falling within a stable range of RM 181K to RM 219K, and a typical market range of RM 175K to RM 230K.

Most transactions involved low-cost house, with moderate diversity in property types available.

For price per square foot, the median is RM 167, with most transactions between RM 150 and RM 184. The usual range is RM 150.00 to RM 184.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 34.00 and an average deviation (MAD) of RM 17 indicate a highly stable PSF trend across properties.

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.