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TAMAN JENIANG RIA, Pekan Jeniang, Kuala Muda, Kedah, Malaysia
Taman Jeniang Ria in Kuala Muda, Kedah recorded 0 subsale transactions in 2023, with a median price of RM 273K and a median price per square foot (PSF) of RM 98.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 273K, with most transactions falling within a stable range of RM 265K to RM 280K, and a typical market range of RM 269K to RM 276K.
Most transactions involved 1 - 1 1/2 storey semi-detached, with minimal variety in property types.
For price per square foot, the median is RM 98, with most transactions between RM 95 and RM 100. The usual range is RM 96.25 to RM 98.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 2.50 and an average deviation (MAD) of RM 3 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.