TAMAN MELUR

Area Intelligence

2023

Median Price

RM 340,000

PSF: RM 152

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Residential PSF Trends

Median Price

RM 340,000

PSF: RM 152

TAMAN MELUR in Kubang Pasu, Kedah recorded 3 subsale transactions in 2023, sized between 2,000 and 3,000 sqft, with a median price of RM 340K and a median price per square foot (PSF) of RM 152.

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 340K, with most transactions falling within a stable range of RM 337K to RM 369K, and a typical market range of RM 337K to RM 389K.

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

The median PSF stands at RM 152, with core pricing between RM 125 and RM 179. Market pricing typically extends from RM 84.61 to RM 219.11, reflecting moderate variation in unit pricing. The spread of RM 134.50 (IQR) and deviation of RM 27 (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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