TAMAN MERAK/ BAYAN

Area Intelligence
2023
Median Price
RM 265,000
PSF: RM 154

Residential PSF Trends

Median Price

RM 265,000

PSF: RM 154

TAMAN MERAK/ BAYAN in Kulim, Kedah recorded 3 subsale transactions in 2023, with a median price of RM 265K and a median price per square foot (PSF) of RM 154.

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 265K, with most transactions falling within a stable range of RM 233K to RM 270K, and a typical market range of RM 246K to RM 270K.

Most transactions involved low-cost house, with moderate diversity in property types available.

Price per square foot shows a median of RM 154, though individual units vary from RM 115 to RM 193 in the core range. The broader market spans RM 113.00 to RM 195.00, indicating diverse property characteristics. A wider spread (IQR: RM 82.00) and deviation (MAD: RM 39) indicate significant PSF variations, likely due to diverse property types or conditions.

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.

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TAMAN MERAK/ BAYAN, Kulim, Kedah

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Transactions

3 transactions grouped by size

1,300 sqft
Low-Cost House
RM 200,000
LORONG MERAK 1/1
1,302 sqft · RM 154 PSF
1,350 sqft
Low-Cost House
RM 270,000
LORONG MERAK 2/2
1,345 sqft · RM 201 PSF
2,500 sqft
Low-Cost House
RM 265,000
LORONG MERAK 1/1
2,497 sqft · RM 106 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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