Property Type
| Road | Price | PSF | Size | Date | Type |
|---|
|
Lorong Merbau Indah 1
|
RM 340,000
|
RM 135
|
2,519 sqft
|
|
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Market Snapshot
CommercialRM 340,000
RM 135 psfMedian transaction price
Taman Merbau Indah, Kulim, Kedah
Taman Merbau Indah in Kulim, Kedah recorded 1 subsale transactions in 2021, with a median price of RM 340K and a median price per square foot (PSF) of RM 135.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
Most transactions involved 2 - 2 1/2 storey shop, though some variety exists in the market.
For price per square foot, the median is RM 135, with most transactions between RM 135 and RM 135. The usual range is RM 125.99 to RM 143.99, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 18.00 and an average deviation (MAD) of RM 0 indicate a highly stable PSF trend across properties.
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.