| Road | Price | PSF | Size | Date | Type |
|---|
|
Lorong Melor 3/4A
|
RM 320,000
|
RM 229
|
1,399 sqft
|
|
|
|
Lorong Melor 3/5
|
RM 280,000
|
RM 200
|
1,399 sqft
|
|
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Market Snapshot
ResidentialRM 300,000
RM 214 psfMedian transaction price
Taman Melor (K.s.m) Fasa 1 in Kuala Muda, Kedah recorded 2 subsale transactions in 2024, with a median price of RM 300K and a median price per square foot (PSF) of RM 214.
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 300K, with most transactions falling within a stable range of RM 280K to RM 320K, and a typical market range of RM 280K to RM 320K.
Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.
For price per square foot, the median is RM 214, with most transactions between RM 200 and RM 229. The usual range is RM 165.89 to RM 262.89, showing that most units are priced quite close to each other. With an IQR of RM 97.00 and MAD of RM 14, the PSF demonstrates reasonable consistency across the market.
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.