TAMAN MEWAH

Area Intelligence

2024

Median Price

RM 247,500

PSF: RM 150

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Residential PSF Trends

Median Price

RM 247,500

PSF: RM 150

Commercial PSF Trends

Median Price

RM 515,000

RM 345 PSF

TAMAN MEWAH in Kuala Muda, Kedah recorded 2 subsale transactions in 2024, priced up to RM 300K, with a median price of RM 248K and a median price per square foot (PSF) of RM 150.

This area contains both residential and commercial properties. View 12 residential properties or 2 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 248K, with most transactions falling within a stable range of RM 240K to RM 255K, and a typical market range of RM 240K to RM 255K.

Most transactions involved 1 - 1 1/2 storey semi-detached, with high diversity across multiple property types.

The median PSF stands at RM 150, with core pricing between RM 129 and RM 172. Market pricing typically extends from RM 117.01 to RM 183.26, reflecting moderate variation in unit pricing. With an IQR of RM 66.25 and MAD of RM 21, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN MEWAH, Kuala Muda, Kedah

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