TAMAN MELATI FASA 1

Area Intelligence
2023
Median Price
RM 284,000
PSF: RM 160

Residential PSF Trends

Median Price

RM 284,000

PSF: RM 160

TAMAN MELATI FASA 1 in Kuala Muda, Kedah recorded 4 subsale transactions in 2023, with a median price of RM 284K and a median price per square foot (PSF) of RM 160.

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 284K, with most transactions falling within a stable range of RM 250K to RM 404K, and a typical market range of RM 250K to RM 369K.

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

For price per square foot, the median is RM 160, with most transactions between RM 147 and RM 173. The usual range is RM 150.47 to RM 169.47, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 19.00 and an average deviation (MAD) of RM 13 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.

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TAMAN MELATI FASA 1, Kuala Muda, Kedah

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Property Transactions

4 transactions found

RM 298,000
LORONG 6
1,625 sqft RM 183 PSF
RM 270,000
LORONG 6
1,625 sqft RM 166 PSF
RM 546,000
LORONG MELATI 4
3,595 sqft RM 152 PSF
RM 250,000
LORONG 6
1,625 sqft RM 154 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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