TAMAN MERBAU

Area Intelligence

2023

Median Price

RM 224,000

PSF: RM 148

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Residential PSF Trends

Median Price

RM 224,000

PSF: RM 148

TAMAN MERBAU in Kuala Muda, Kedah recorded 2 subsale transactions in 2023, priced up to RM 300K, with a median price of RM 224K 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 224K, with most transactions falling within a stable range of RM 178K to RM 270K, and a typical market range of RM 178K to RM 270K.

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

The median PSF stands at RM 148, with core pricing between RM 127 and RM 168. Market pricing typically extends from RM 130.03 to RM 165.53, reflecting moderate variation in unit pricing. With an IQR of RM 35.50 and MAD of RM 21, the PSF demonstrates reasonable consistency across the market.

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.

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TAMAN MERBAU, Kuala Muda, Kedah

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