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Market Snapshot
ResidentialRM 127,000
RM 86 psfMedian transaction price
Taman Sri Wang, Kuala Muda, Kedah
Taman Sri Wang in Kuala Muda, Kedah recorded 2 subsale transactions in 2021, with a median price of RM 127K and a median price per square foot (PSF) of RM 86.
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 127K, with most transactions falling within a stable range of RM 84K to RM 170K, and a typical market range of RM 99K to RM 155K.
Most transactions involved low-cost house, with minimal variety in property types.
The median PSF stands at RM 86, with core pricing between RM 70 and RM 101. Market pricing typically extends from RM 46.77 to RM 124.77, reflecting moderate variation in unit pricing. The spread of RM 78.00 (IQR) and deviation of RM 15 (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.