TAMAN MAKMUR (SP)

TAMAN MAKMUR (SP) in Kuala Muda, Kedah recorded 2 subsale transactions in 2023, with a median price of RM 370K and a median price per square foot (PSF) of RM 147.

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 370K, with most transactions falling within a stable range of RM 280K to RM 460K, and a typical market range of RM 354K to RM 387K.

Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.

The median PSF stands at RM 147, with core pricing between RM 119 and RM 175. Market pricing typically extends from RM 128.00 to RM 166.00, reflecting moderate variation in unit pricing. The spread of RM 38.00 (IQR) and deviation of RM 28 (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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.