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Market Snapshot
ResidentialRM 130,000
RM 40 psfMedian transaction price
Taman Songket, Kuala Muda, Kedah
Taman Songket in Kuala Muda, Kedah recorded 1 subsale transactions in 2021, with a median price of RM 130K and a median price per square foot (PSF) of RM 40.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
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 40, with most transactions between RM 40 and RM 40. The usual range is RM 28.10 to RM 51.10, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 23.00 and an average deviation (MAD) of RM 0 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.