Property Type
| Road | Price | PSF | Size | Date | Type |
|---|
|
Lorong Melor 2
|
RM 195,000
|
RM 139
|
1,399 sqft
|
|
Terrace |
|
Jalan Melor 3
|
RM 230,000
|
RM 166
|
1,389 sqft
|
|
1-Sty Shop |
|
Lorong Melor 3
|
RM 188,000
|
RM 134
|
1,399 sqft
|
|
Terrace |
|
Lorong Melor 3/1
|
RM 150,000
|
RM 107
|
1,399 sqft
|
|
Terrace |
|
Lorong Melur 3/3
|
RM 200,000
|
RM 143
|
1,399 sqft
|
|
Terrace |
|
Lorong Melor
|
RM 120,000
|
RM 86
|
1,399 sqft
|
|
Terrace |
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Market Snapshot
ResidentialRM 188,000
RM 134 psfMedian transaction price
Taman Melor (K.s.m) Fasa 2 in Kuala Muda, Kedah recorded 6 subsale transactions in 2023, with a median price of RM 192K and a median price per square foot (PSF) of RM 137.
This area contains both residential and commercial properties. View 9 residential properties or 2 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 192K, with most transactions falling within a stable range of RM 156K to RM 227K, and a typical market range of RM 172K to RM 211K.
Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.
The median PSF stands at RM 137, with core pricing between RM 111 and RM 163. Market pricing typically extends from RM 123.35 to RM 150.35, reflecting moderate variation in unit pricing. The spread of RM 27.00 (IQR) and deviation of RM 26 (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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.