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Market Snapshot
ResidentialRM 188,000
RM 72 psfMedian transaction price
Taman Songket, Kuala Muda, Kedah
Taman Songket in Kuala Muda, Kedah recorded 0 subsale transactions in 2021, with a median price of RM 188K and a median price per square foot (PSF) of RM 72.
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 188K, with most transactions falling within a stable range of RM 156K to RM 220K, and a typical market range of RM 172K to RM 204K.
Most transactions involved low-cost house, with minimal variety in property types.
The median PSF stands at RM 72, with core pricing between RM 60 and RM 84. Market pricing typically extends from RM 66.00 to RM 78.00, reflecting moderate variation in unit pricing. The spread of RM 12.00 (IQR) and deviation of RM 12 (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. 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.