| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Melawis 2
|
RM 410,000
|
RM 151
|
2,723 sqft
|
|
|
Jalan Melawis 2
|
RM 410,000
|
RM 120
|
3,412 sqft
|
|
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Market Snapshot
CommercialRM 430,000
RM 298 psfMedian transaction price
Taman Seri Melawis in Kulim, Kedah recorded 2 subsale transactions in 2021, with a median price of RM 410K and a median price per square foot (PSF) of RM 135.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
Most transactions involved 2 - 2 1/2 storey shop, though some variety exists in the market.
The median PSF stands at RM 135, with core pricing between RM 120 and RM 151. Market pricing typically extends from RM 59.36 to RM 211.36, reflecting moderate variation in unit pricing. With an IQR of RM 152.00 and MAD of RM 15, the PSF demonstrates reasonable consistency across the market.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.