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Market Snapshot
ResidentialRM 220,000
RM 153 psfMedian transaction price
Taman Kenari, Kuala Muda, Kedah
Taman Kenari in Kuala Muda, Kedah recorded 0 subsale transactions in 2021, with a median price of RM 220K and a median price per square foot (PSF) of RM 153.
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 220K, with most transactions falling within a stable range of RM 173K to RM 268K, and a typical market range of RM 139K to RM 301K.
Most transactions involved low-cost house, with moderate diversity in property types available.
For price per square foot, the median is RM 153, with most transactions between RM 138 and RM 167. The usual range is RM 137.00 to RM 168.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 31.00 and an average deviation (MAD) of RM 15 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.