Kedah
Kulim
Padang Serai
TAMAN MELATI

TAMAN MELATI

Area Intelligence

2023

Median Price

RM 214,000

PSF: RM 149

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Residential PSF Trends

Median Price

RM 214,000

PSF: RM 149

TAMAN MELATI in Kulim, Kedah recorded 2 subsale transactions in 2023, with a median price of RM 214K and a median price per square foot (PSF) of RM 149.

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 214K, with most transactions falling within a stable range of RM 168K to RM 260K, and a typical market range of RM 199K to RM 229K.

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

Price per square foot shows a median of RM 149, though individual units vary from RM 117 to RM 180 in the core range. The broader market spans RM 130.31 to RM 167.31, indicating diverse property characteristics. The spread of RM 37.00 (IQR) and deviation of RM 31 (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. 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.

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TAMAN MELATI, Kulim, Kedah

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