TAMAN LOBAK FASA 2

TAMAN LOBAK FASA 2 in Kulim, Kedah recorded 6 subsale transactions in 2022, with a median price of RM 250K and a median price per square foot (PSF) of RM 143.

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 250K, with most transactions falling within a stable range of RM 207K to RM 293K, and a typical market range of RM 210K to RM 290K.

Most transactions involved low-cost house, with minimal variety in property types.

Price per square foot shows a median of RM 143, though individual units vary from RM 105 to RM 180 in the core range. The broader market spans RM 120.50 to RM 164.50, indicating diverse property characteristics. A wider spread (IQR: RM 44.00) and deviation (MAD: RM 38) indicate significant PSF variations, likely due to diverse property types or conditions.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.