TAMAN PKNK (RPA) in Kulim, Kedah recorded 3 subsale transactions in 2023, with a median price of RM 240K and a median price per square foot (PSF) of RM 171.
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 240K, with most transactions falling within a stable range of RM 200K to RM 280K, and a typical market range of RM 208K to RM 273K.
Most transactions involved low-cost house, though some variety exists in the market.
The median PSF stands at RM 171, with core pricing between RM 143 and RM 200. Market pricing typically extends from RM 145.13 to RM 196.88, reflecting moderate variation in unit pricing. The spread of RM 51.75 (IQR) and deviation of RM 29 (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.