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Market Snapshot
ResidentialRM 202,500
RM 145 psfMedian transaction price
Taman Desa Meranti / Desa Meranti Indah, Kuala Muda, Kedah
Taman Desa Meranti / Desa Meranti Indah in Kuala Muda, Kedah recorded 0 subsale transactions in 2021, with a median price of RM 203K and a median price per square foot (PSF) of RM 145.
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 203K, with most transactions falling within a stable range of RM 155K to RM 250K, and a typical market range of RM 179K to RM 226K.
Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.
Price per square foot shows a median of RM 145, though individual units vary from RM 111 to RM 178 in the core range. The broader market spans RM 127.75 to RM 161.25, indicating diverse property characteristics. The spread of RM 33.50 (IQR) and deviation of RM 34 (MAD) suggest moderate price variations reflecting different property features.
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.