TAMAN MEWAH JAYA

Area Intelligence

2023

Median Price

RM 280,000

PSF: RM 104

TAMAN MEWAH JAYA in Kuala Muda, Kedah recorded 2 subsale transactions in 2023, priced up to RM 300K, with a median price of RM 280K and a median price per square foot (PSF) of RM 104.

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 280K, with most transactions falling within a stable range of RM 270K to RM 290K, and a typical market range of RM 270K to RM 290K.

Most transactions involved 1 - 1 1/2 storey semi-detached, though some variety exists in the market.

For price per square foot, the median is RM 104, with most transactions between RM 99 and RM 110. The usual range is RM 88.64 to RM 119.64, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 31.00 and an average deviation (MAD) of RM 5 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN MEWAH JAYA, Kuala Muda, Kedah

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