Property Type
| Road | Price | PSF | Size | Date | Type |
|---|
|
Lorong Merbau Indah 2
|
RM 288,000
|
RM 120
|
2,400 sqft
|
|
|
Lorong Merbau Indah 2
|
RM 310,000
|
RM 118
|
2,626 sqft
|
|
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Market Snapshot
RM 299,000
RM 119 psfMedian transaction price
RM 355,000
RM 254 psfMedian transaction price
Taman Merbau Indah, Kulim, Kedah
Taman Merbau Indah in Kulim, Kedah recorded 2 subsale transactions in 2023, with a median price of RM 299K and a median price per square foot (PSF) of RM 119.
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 299K, with most transactions falling within a stable range of RM 288K to RM 310K, and a typical market range of RM 288K to RM 310K.
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 119, with most transactions between RM 118 and RM 120. The usual range is RM 110.01 to RM 128.01, 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 1 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.