| Road | Price | PSF | Size | Date | Type |
|---|
|
Taman Seri Melati
|
RM 70,000
|
RM 68
|
1,023 sqft
|
|
|
|
Taman Seri Melati
|
RM 60,000
|
RM 59
|
1,023 sqft
|
|
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Market Snapshot
ResidentialRM 65,000
RM 64 psfMedian transaction price
Rpa Pdg Serai (Sri Melati) in Kulim, Kedah recorded 2 subsale transactions in 2022, with a median price of RM 65K and a median price per square foot (PSF) of RM 64.
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 65K, with most transactions falling within a stable range of RM 60K to RM 70K, and a typical market range of RM 60K to RM 70K.
Most transactions involved low-cost house, with minimal variety in property types.
For price per square foot, the median is RM 64, with most transactions between RM 59 and RM 68. The usual range is RM 25.95 to RM 101.20, showing that most units are priced quite close to each other. With an IQR of RM 75.25 and MAD of RM 5, the PSF demonstrates reasonable consistency across the market.
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.