TAMAN SERI BAYU 2

TAMAN SERI BAYU 2 in Kuala Muda, Kedah recorded 12 subsale transactions in 2023, with a median price of RM 183K and a median price per square foot (PSF) of RM 171.

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 183K, with most transactions falling within a stable range of RM 148K to RM 217K, and a typical market range of RM 145K to RM 220K.

Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.

The median PSF stands at RM 171, with core pricing between RM 143 and RM 199. Market pricing typically extends from RM 141.63 to RM 200.38, reflecting moderate variation in unit pricing. The spread of RM 58.75 (IQR) and deviation of RM 28 (MAD) suggest moderate price variations reflecting different property features.

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.