TAMAN MELUR

Area Intelligence

2022

Median Price

RM 428,000

PSF: RM 182

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Residential PSF Trends

Median Price

RM 350,000

PSF: RM 179

TAMAN MELUR in Kubang Pasu, Kedah recorded 4 subsale transactions in 2022, sized between 2,000 and 3,000 sqft, with a median price of RM 428K and a median price per square foot (PSF) of RM 182.

This area contains both residential and commercial properties. View 15 residential properties or 8 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 428K, with most transactions falling within a stable range of RM 340K to RM 598K, and a typical market range of RM 379K to RM 477K.

Most transactions involved 2 - 2 1/2 storey shop, with high diversity across multiple property types.

The median PSF stands at RM 182, with core pricing between RM 153 and RM 210. Market pricing typically extends from RM 114.42 to RM 248.92, reflecting moderate variation in unit pricing. The spread of RM 134.50 (IQR) and deviation of RM 28 (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 MELUR, Kubang Pasu, Kedah

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