| Road | Price | PSF | Size | Date | Type |
|---|
|
Lorong 2
|
RM 233,000
|
RM 195
|
1,195 sqft
|
|
|
|
Lorong 4
|
RM 120,000
|
RM 100
|
1,195 sqft
|
|
|
|
Lorong 2
|
RM 225,000
|
RM 188
|
1,195 sqft
|
|
|
|
Lorong 1
|
RM 180,000
|
RM 151
|
1,195 sqft
|
|
|
|
Lorong 2A
|
RM 90,000
|
RM 75
|
1,195 sqft
|
|
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Market Snapshot
ResidentialRM 180,000
RM 151 psfMedian transaction price
TAMAN PERMAI (SP), Bandar Sungai Petani, 08000, Kuala Muda, Kedah, Malaysia
Taman Permai (SP) in Kuala Muda, Kedah recorded 5 subsale transactions in 2023, with a median price of RM 180K and a median price per square foot (PSF) of RM 151.
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 180K, with most transactions falling within a stable range of RM 123K to RM 233K, and a typical market range of RM 131K to RM 229K.
Most transactions involved low-cost house, with minimal variety in property types.
Price per square foot shows a median of RM 151, though individual units vary from RM 103 to RM 198 in the core range. The broader market spans RM 109.40 to RM 191.90, indicating diverse property characteristics. A wider spread (IQR: RM 82.50) and deviation (MAD: RM 47) indicate significant PSF variations, likely due to diverse property types or conditions.
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.