Kedah
Kuala Muda
Bandar Sungai Petani
TAMAN MELATI FASA 1

TAMAN MELATI FASA 1

Area Intelligence

2022

Median Price

RM 351,000

PSF: RM 148

Facebook X (Twitter)

Residential PSF Trends

Median Price

RM 351,000

PSF: RM 148

TAMAN MELATI FASA 1 in Kuala Muda, Kedah recorded 2 subsale transactions in 2022, priced up to RM 500K, with a median price of RM 351K and a median price per square foot (PSF) of RM 148.

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 351K, with most transactions falling within a stable range of RM 263K to RM 439K, and a typical market range of RM 267K to RM 436K.

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 148, with most transactions between RM 135 and RM 162. The usual range is RM 138.93 to RM 157.93, 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.

Loading map...

TAMAN MELATI FASA 1, Kuala Muda, Kedah

OSM