TAMAN MERBAU

Area Intelligence

2024

Median Price

RM 160,000

PSF: RM 148

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Residential PSF Trends

Median Price

RM 160,000

PSF: RM 148

TAMAN MERBAU in Kuala Muda, Kedah recorded 3 subsale transactions in 2024, with a median price of RM 160K 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 160K, with most transactions falling within a stable range of RM 150K to RM 205K, and a typical market range of RM 150K to RM 216K.

Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.

For price per square foot, the median is RM 148, with most transactions between RM 137 and RM 159. The usual range is RM 130.50 to RM 166.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 35.50 and an average deviation (MAD) of RM 11 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN MERBAU, Kuala Muda, Kedah

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