TAMAN WAJA INDAH in Kulim, Kedah recorded 11 subsale transactions in 2022, with a median price of RM 500K and a median price per square foot (PSF) of RM 240.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 500K, with most transactions falling within a stable range of RM -550,000 to RM 1.55 million, and a typical market range of RM -363,750 to RM 1.36 million.
Most transactions involved semi-detached factory/warehouse, though some variety exists in the market.
The median PSF stands at RM 240, with core pricing between RM 202 and RM 278. Market pricing typically extends from RM 203.88 to RM 276.13, reflecting moderate variation in unit pricing. The spread of RM 72.25 (IQR) and deviation of RM 38 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.
