TAMAN LOBAK FASA 2 in Kulim, Kedah recorded 6 subsale transactions in 2023, with a median price of RM 243K and a median price per square foot (PSF) of RM 174.
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 243K, with most transactions falling within a stable range of RM 198K to RM 288K, and a typical market range of RM 203K to RM 282K.
Most transactions involved terraced facto, with minimal variety in property types.
The median PSF stands at RM 174, with core pricing between RM 144 and RM 203. Market pricing typically extends from RM 146.00 to RM 201.00, reflecting moderate variation in unit pricing. The spread of RM 55.00 (IQR) and deviation of RM 30 (MAD) suggest moderate price variations reflecting different property features.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.