| Road | Price | PSF | Size | Date | Type |
|---|
|
Lorong Blm 2/4
|
RM 360,000
|
RM 239
|
1,507 sqft
|
|
|
Lorong Blm 2/3
|
RM 305,000
|
RM 177
|
1,722 sqft
|
|
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Market Snapshot
ResidentialRM 332,500
RM 208 psfMedian transaction price
Bandar Laguna Merbok (Teres) in Kuala Muda, Kedah recorded 2 subsale transactions in 2023, with a median price of RM 333K and a median price per square foot (PSF) of RM 208.
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 333K, with most transactions falling within a stable range of RM 305K to RM 360K, and a typical market range of RM 319K to RM 346K.
Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.
The median PSF stands at RM 208, with core pricing between RM 177 and RM 239. Market pricing typically extends from RM 160.49 to RM 255.49, reflecting moderate variation in unit pricing. With an IQR of RM 95.00 and MAD of RM 31, the PSF demonstrates reasonable consistency across the market.
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.