TAMAN MERAK/ BAYAN in Kulim, Kedah recorded 4 subsale transactions in 2023, with a median price of RM 268K and a median price per square foot (PSF) of RM 138.
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 268K, with most transactions falling within a stable range of RM 243K to RM 293K, and a typical market range of RM 249K to RM 286K.
Most transactions involved low-cost house, with moderate diversity in property types available.
Price per square foot shows a median of RM 138, though individual units vary from RM 108 to RM 169 in the core range. The broader market spans RM 97.00 to RM 179.00, indicating diverse property characteristics. The spread of RM 82.00 (IQR) and deviation of RM 31 (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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.
