TAMAN MAKMUR FASA 2

Area Intelligence
2 subsale transactions
2023
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Median Price
RM 6,634,000
PSF: RM 168

Commercial PSF Trends

Median Price

RM 6,634,000

RM 168 PSF

TAMAN MAKMUR FASA 2 in Kulim, Kedah recorded 2 subsale transactions in 2023, with a median price of RM 6.63 million and a median price per square foot (PSF) of RM 168.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 6.63 million, with most transactions falling within a stable range of RM 3.50 million to RM 9.77 million, and a typical market range of RM 4.99 million to RM 8.28 million.

Most transactions involved detached factory/warehouse, with minimal variety in property types.

For price per square foot, the median is RM 168, with most transactions between RM 158 and RM 177. The usual range is RM 162.75 to RM 172.25, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 9.50 and an average deviation (MAD) of RM 10 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN MAKMUR FASA 2, Kulim, Kedah

OSM

Transactions

2 transactions grouped by size

Price Range

Clear

Size Range (sqft)

Clear
22,200 sqft
Detached Factory
RM 3,500,000
JALAN MAKMUR 1/7
22,184 sqft · RM 158.00 PSF
Jun 2023
55,350 sqft
Detached Factory
RM 9,768,000
JALAN MAKMUR 2/7
55,337 sqft · RM 177.00 PSF
Nov 2023