TAMAN TERATAI/TERATAI INDAH

TAMAN TERATAI/TERATAI INDAH in Kulim, Kedah recorded 2 subsale transactions in 2023, with a median price of RM 250K and a median price per square foot (PSF) of RM 186.

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 240K to RM 260K, and a typical market range of RM 240K to RM 260K.

Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.

For price per square foot, the median is RM 186, with most transactions between RM 172 and RM 200. The usual range is RM 161.13 to RM 210.88, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 49.75 and an average deviation (MAD) of RM 14 indicate a highly stable PSF trend across properties.

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.