| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Merbau 2/5
|
RM 150,000
|
RM 148
|
1,012 sqft
|
|
|
|
Jalan Merbau 2/5
|
RM 160,000
|
RM 158
|
1,012 sqft
|
|
|
Jalan Merbau 1/1
|
RM 250,000
|
RM 132
|
1,894 sqft
|
|
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Market Snapshot
ResidentialRM 160,000
RM 148 psfMedian transaction price
Taman Merbau, Kuala Muda, Kedah
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 217K.
Most transactions involved low-cost house, 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 118.00 to RM 178.50, showing that most units are priced quite close to each other. With an IQR of RM 60.50 and MAD of RM 11, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.