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Market Snapshot
ResidentialRM 340,000
RM 153 psfMedian transaction price
Taman Bunga Mawar, Kulim, Kedah
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 230K to RM 450K, and a typical market range of RM 275K to RM 405K.
Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.
For price per square foot, the median is RM 153, with most transactions between RM 149 and RM 156. The usual range is RM 126.80 to RM 178.80, showing that most units are priced quite close to each other. With an IQR of RM 52.00 and MAD of RM 3, the PSF demonstrates reasonable consistency across the market.
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.