| Road | Price | PSF | Size | Date | Type |
|---|
|
Lorong Melor 2
|
RM 225,000
|
RM 161
|
1,399 sqft
|
|
|
|
Lorong Melor 2
|
RM 218,000
|
RM 156
|
1,399 sqft
|
|
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Market Snapshot
ResidentialRM 221,500
RM 158 psfMedian transaction price
Taman Melor (K.s.m) Fasa 1 in Kuala Muda, Kedah recorded 2 subsale transactions between 2021 and 2026, with a median price of RM 222K and a median price per square foot (PSF) of RM 158.
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 222K, with most transactions falling within a stable range of RM 218K to RM 225K, and a typical market range of RM 220K to RM 223K.
Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.
For price per square foot, the median is RM 158, with most transactions between RM 156 and RM 161. The usual range is RM 157.04 to RM 159.54, 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.