TAMAN MERBAU INDAH

Area Intelligence
2 subsale transactions
2023
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Median Price
RM 299,000
PSF: RM 119

Residential PSF Trends

Median Price

RM 299,000

PSF: RM 119

Commercial PSF Trends

Median Price

RM 350,000

RM 251 PSF

TAMAN MERBAU INDAH in Kulim, Kedah recorded 2 subsale transactions in 2023, with a median price of RM 299K and a median price per square foot (PSF) of RM 119.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 299K, with most transactions falling within a stable range of RM 288K to RM 310K, and a typical market range of RM 288K to RM 310K.

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

For price per square foot, the median is RM 119, with most transactions between RM 118 and RM 120. The usual range is RM 97.25 to RM 140.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 43.50 and an average deviation (MAD) of RM 1 indicate a highly stable PSF trend across properties.

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.

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TAMAN MERBAU INDAH, Kulim, Kedah

OSM

Transactions

2 transactions grouped by size

Price Range

Clear

Size Range (sqft)

Clear
2,400 sqft
Single Storey Semi-D
RM 288,000
LORONG MERBAU INDAH 2
2,400 sqft · RM 120.00 PSF
Nov 2023
2,650 sqft
Single Storey Semi-D
RM 310,000
LORONG MERBAU INDAH 2
2,626 sqft · RM 118.00 PSF
Jan 2023