TAMAN MELATI

TAMAN MELATI in Kulim, Kedah recorded 5 subsale transactions in 2022, with a median price of RM 280K and a median price per square foot (PSF) of RM 170.

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 280K, with most transactions falling within a stable range of RM 239K to RM 321K, and a typical market range of RM 265K to RM 295K.

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

The median PSF stands at RM 170, with core pricing between RM 149 and RM 191. Market pricing typically extends from RM 151.50 to RM 188.50, reflecting moderate variation in unit pricing. With an IQR of RM 37.00 and MAD of RM 21, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.