TAMAN LURIK INDAH

TAMAN LURIK INDAH in Kuala Muda, Kedah recorded 20 subsale transactions in 2023, with a median price of RM 377K and a median price per square foot (PSF) of RM 127.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 377K, with most transactions falling within a stable range of RM 350K to RM 413K, and a typical market range of RM 360K to RM 394K.

Most transactions involved 1 - 1 1/2 storey semi-detached, with minimal variety in property types.

The median PSF stands at RM 127, with core pricing between RM 108 and RM 146. Market pricing typically extends from RM 120.88 to RM 133.13, reflecting moderate variation in unit pricing. The spread of RM 12.25 (IQR) and deviation of RM 19 (MAD) suggest moderate price variations reflecting different property features.

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. Moderate transaction volume may require patience when buying or selling.