TAMAN LOBAK FASA 2

TAMAN LOBAK FASA 2 in Kulim, Kedah recorded 6 subsale transactions in 2023, with a median price of RM 243K and a median price per square foot (PSF) of RM 174.

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 243K, with most transactions falling within a stable range of RM 220K to RM 269K, and a typical market range of RM 220K to RM 283K.

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

The median PSF stands at RM 174, with core pricing between RM 142 and RM 205. Market pricing typically extends from RM 151.50 to RM 195.50, reflecting moderate variation in unit pricing. The spread of RM 44.00 (IQR) and deviation of RM 32 (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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.