TAMAN MAKMUR (SP)

Area Intelligence

2023

Median Price

RM 370,000

PSF: RM 156

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Residential PSF Trends

Median Price

RM 370,000

PSF: RM 156

TAMAN MAKMUR (SP) in Kuala Muda, Kedah recorded 2 subsale transactions in 2023, priced up to RM 500K, with a median price of RM 370K and a median price per square foot (PSF) of RM 156.

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 339K to RM 401K.

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

Price per square foot shows a median of RM 156, though individual units vary from RM 119 to RM 193 in the core range. The broader market spans RM 136.70 to RM 174.70, indicating diverse property characteristics. The spread of RM 38.00 (IQR) and deviation of RM 37 (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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN MAKMUR (SP), Kuala Muda, Kedah

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