| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Merbau 2/4
|
RM 150,000
|
RM 155
|
969 sqft
|
|
|
Jalan Merbau 2/5
|
RM 225,000
|
RM 112
|
2,013 sqft
|
|
|
Jalan Merbau 1/2
|
RM 280,000
|
RM 109
|
2,573 sqft
|
|
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Market Snapshot
ResidentialRM 225,000
RM 112 psfMedian transaction price
Taman Merbau, Kuala Muda, Kedah
Taman Merbau in Kuala Muda, Kedah recorded 3 subsale transactions in 2022, with a median price of RM 225K and a median price per square foot (PSF) of RM 112.
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 225K, with most transactions falling within a stable range of RM 172K to RM 278K, and a typical market range of RM 169K to RM 280K.
Most transactions involved low-cost house, with high diversity across multiple property types.
The median PSF stands at RM 112, with core pricing between RM 91 and RM 133. Market pricing typically extends from RM 81.53 to RM 142.03, reflecting moderate variation in unit pricing. The spread of RM 60.50 (IQR) and deviation of RM 21 (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.