TAMAN TERATAI/TERATAI INDAH

TAMAN TERATAI/TERATAI INDAH in Kulim, Kedah recorded 2 subsale transactions in 2023, with a median price of RM 250K and a median price per square foot (PSF) of RM 186.

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 184K to RM 316K, and a typical market range of RM 190K to RM 310K.

Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.

The median PSF stands at RM 186, with core pricing between RM 150 and RM 222. Market pricing typically extends from RM 157.50 to RM 214.50, reflecting moderate variation in unit pricing. The spread of RM 57.00 (IQR) and deviation of RM 36 (MAD) suggest moderate price variations reflecting different property features.

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.