| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Lobak 1/8
|
RM 240,000
|
RM 201
|
1,195 sqft
|
|
|
|
Jalan Lobak 9
|
RM 170,000
|
RM 142
|
1,195 sqft
|
|
|
Jalan Lobak 4/6
|
RM 200,000
|
RM 143
|
1,399 sqft
|
|
|
|
Lorong Lobak 2/1
|
RM 260,000
|
RM 186
|
1,399 sqft
|
|
|
Lorong Lobak 1/10
|
RM 300,000
|
RM 111
|
2,691 sqft
|
|
|
Lorong Lobak 2/8
|
RM 260,000
|
RM 95
|
2,745 sqft
|
|
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Market Snapshot
ResidentialRM 250,000
RM 143 psfMedian transaction price
Taman Lobak Fasa 2, Kulim, Kedah
Taman Lobak Fasa 2 in Kulim, Kedah recorded 6 subsale transactions in 2022, with a median price of RM 250K and a median price per square foot (PSF) of RM 143.
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 250K, with most transactions falling within a stable range of RM 207K to RM 293K, and a typical market range of RM 199K to RM 300K.
Most transactions involved low-cost house, with minimal variety in property types.
Price per square foot shows a median of RM 143, though individual units vary from RM 105 to RM 180 in the core range. The broader market spans RM 98.24 to RM 186.99, indicating diverse property characteristics. A wider spread (IQR: RM 88.75) and deviation (MAD: RM 38) indicate significant PSF variations, likely due to diverse property types or conditions.
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.