|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2024 | |||||
|
Lorong Merbau Indah 1
|
RM 345,000
|
RM 137
|
2,519 sqft
|
|
2-Sty Shop |
|
Lorong Merbau Indah 1
|
RM 355,000
|
RM 141
|
2,519 sqft
|
|
2-Sty Shop |
|
Lorong Merbau Indah 1
|
RM 630,000
|
RM 250
|
2,519 sqft
|
|
2-Sty Shop |
| 2022 | |||||
|
Lorong Merbau Indah 1
|
RM 340,000
|
RM 135
|
2,519 sqft
|
|
2-Sty Shop |
| 2021 | |||||
|
Lorong Merbau Indah 1
|
RM 340,000
|
RM 135
|
2,519 sqft
|
|
2-Sty Shop |
Other Areas in Pekan Merbau Pulas
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Market Snapshot
CommercialRM 345,000
RM 137 psfMedian transaction price
Taman Merbau Indah, Kulim, Kedah
Taman Merbau Indah in Kulim, Kedah recorded 5 subsale transactions between 2021 and 2026, sized between 2,475 and 2,524 sqft, with a median price of RM 345K and a median price per square foot (PSF) of RM 137.
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 345K, with most transactions falling within a stable range of RM 340K to RM 459K, and a typical market range of RM 340K to RM 378K.
Most transactions involved 2 - 2 1/2 storey shop, though some variety exists in the market.
Price per square foot shows a median of RM 137, though individual units vary from RM 92 to RM 182 in the core range. The broader market spans RM 127.97 to RM 145.97, indicating diverse property characteristics. A wider spread (IQR: RM 18.00) and deviation (MAD: RM 45) indicate significant PSF variations, likely due to diverse property types or conditions.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.