Kedah
Kuala Muda
Sungai Petani
TAMAN RIA JAYA FASA 2

TAMAN RIA JAYA FASA 2

Area Intelligence

2023

Median Price

RM 195,000

PSF: RM 163

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Residential PSF Trends

Median Price

RM 195,000

PSF: RM 163

TAMAN RIA JAYA FASA 2 in Kuala Muda, Kedah recorded 2 subsale transactions in 2023, sized between 1,000 and 2,000 sqft, with a median price of RM 195K and a median price per square foot (PSF) of RM 163.

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 195K, with most transactions falling within a stable range of RM 160K to RM 230K, and a typical market range of RM 160K to RM 230K.

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

The median PSF stands at RM 163, with core pricing between RM 133 and RM 192. Market pricing typically extends from RM 149.51 to RM 175.51, reflecting moderate variation in unit pricing. The spread of RM 26.00 (IQR) and deviation of RM 29 (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.

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TAMAN RIA JAYA FASA 2, Kuala Muda, Kedah

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