TAMAN SRI PINANG

TAMAN SRI PINANG in Kuala Muda, Kedah recorded 7 subsale transactions in 2022, with a median price of RM 150K and a median price per square foot (PSF) of RM 134.

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 150K, with most transactions falling within a stable range of RM 130K to RM 208K, and a typical market range of RM 130K to RM 180K.

Most transactions involved low-cost house, though some variety exists in the market.

The median PSF stands at RM 134, with core pricing between RM 109 and RM 159. Market pricing typically extends from RM 105.50 to RM 162.50, reflecting moderate variation in unit pricing. The spread of RM 57.00 (IQR) and deviation of RM 25 (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.