TAMAN PENAGA

Area Intelligence

2023

Median Price

RM 389,000

PSF: RM 94

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Residential PSF Trends

Median Price

RM 389,000

PSF: RM 94

TAMAN PENAGA in Kuala Muda, Kedah recorded 2 subsale transactions in 2023, with a median price of RM 389K and a median price per square foot (PSF) of RM 94.

This area contains both residential and commercial properties. View 2 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 389K, with most transactions falling within a stable range of RM 270K to RM 508K, and a typical market range of RM 347K to RM 431K.

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

For price per square foot, the median is RM 94, with most transactions between RM 91 and RM 96. The usual range is RM 14.59 to RM 173.35, showing that most units are priced quite close to each other. With an IQR of RM 158.75 and MAD of RM 3, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN PENAGA, Kuala Muda, Kedah

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