| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Merbau 2/3
|
RM 178,000
|
RM 127
|
1,399 sqft
|
|
|
Jalan Merbau 1
|
RM 315,000
|
RM 196
|
1,604 sqft
|
|
|
|
Jalan Merbau 1
|
RM 270,000
|
RM 168
|
1,604 sqft
|
|
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Market Snapshot
ResidentialRM 270,000
RM 168 psfMedian transaction price
Taman Merbau, Kuala Muda, Kedah
Taman Merbau in Kuala Muda, Kedah recorded 3 subsale transactions in 2023, with a median price of RM 270K and a median price per square foot (PSF) of RM 168.
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 270K, with most transactions falling within a stable range of RM 213K to RM 315K, and a typical market range of RM 214K to RM 315K.
Most transactions involved low-cost house, with high diversity across multiple property types.
The median PSF stands at RM 168, with core pricing between RM 140 and RM 197. Market pricing typically extends from RM 138.10 to RM 198.60, reflecting moderate variation in unit pricing. The spread of RM 60.50 (IQR) and deviation of RM 28 (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.