| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Merbau 2/3
|
RM 160,000
|
RM 123
|
1,302 sqft
|
|
|
Jalan Merbau 1/2
|
RM 270,000
|
RM 77
|
3,520 sqft
|
|
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Market Snapshot
ResidentialRM 215,000
RM 100 psfMedian transaction price
Taman Merbau, Kuala Muda, Kedah
Taman Merbau in Kuala Muda, Kedah recorded 2 subsale transactions in 2021, with a median price of RM 215K and a median price per square foot (PSF) of RM 100.
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 215K, with most transactions falling within a stable range of RM 160K to RM 270K, and a typical market range of RM 160K to RM 270K.
Most transactions involved low-cost house, with high diversity across multiple property types.
Price per square foot shows a median of RM 100, though individual units vary from RM 77 to RM 123 in the core range. The broader market spans RM 69.53 to RM 130.03, indicating diverse property characteristics. The spread of RM 60.50 (IQR) and deviation of RM 23 (MAD) suggest moderate price variations reflecting different property features.
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.