Taman Melor (K.s.m) Fasa 1

Kedah, Kuala Muda, Bandar Sungai Petani

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Market Snapshot

Residential

RM 265,000

RM 190 psf

Median transaction price

Taman Melor (K.s.m) Fasa 1 in Kuala Muda, Kedah recorded 0 subsale transactions in 2021, with a median price of RM 265K and a median price per square foot (PSF) of RM 190.

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 265K, with most transactions falling within a stable range of RM 205K to RM 325K, and a typical market range of RM 198K to RM 332K.

Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.

Price per square foot shows a median of RM 190, though individual units vary from RM 139 to RM 241 in the core range. The broader market spans RM 141.00 to RM 238.00, indicating diverse property characteristics. A wider spread (IQR: RM 97.00) and deviation (MAD: RM 51) indicate significant PSF variations, likely due to diverse property types or conditions.

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.