| Road | Price | PSF | Size | Date | Type |
|---|
|
Lorong 6
|
RM 360,000
|
RM 219
|
1,647 sqft
|
|
|
|
Lorong 6
|
RM 238,000
|
RM 146
|
1,625 sqft
|
|
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Taman Melati (Pec Lot 8007) in Kuala Muda, Kedah recorded 2 subsale transactions in 2022, with a median price of RM 299K and a median price per square foot (PSF) of RM 183.
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 299K, with most transactions falling within a stable range of RM 238K to RM 360K, and a typical market range of RM 269K to RM 330K.
Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.
The median PSF stands at RM 183, with core pricing between RM 146 and RM 219. Market pricing typically extends from RM 174.76 to RM 190.26, reflecting moderate variation in unit pricing. The spread of RM 15.50 (IQR) and deviation of RM 36 (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.