TAMAN BUNGA MAWAR in Kulim, Kedah recorded 2 subsale transactions in 2022, with a median price of RM 340K and a median price per square foot (PSF) of RM 153.
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 340K, with most transactions falling within a stable range of RM 273K to RM 407K, and a typical market range of RM 275K to RM 405K.
Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.
The median PSF stands at RM 153, with core pricing between RM 124 and RM 182. Market pricing typically extends from RM 126.50 to RM 178.50, reflecting moderate variation in unit pricing. The spread of RM 52.00 (IQR) and deviation of RM 29 (MAD) suggest moderate price variations reflecting different property features.
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.
