TAMAN MERBAU in Kulim, Kedah recorded 2 subsale transactions in 2023, with a median price of RM 150K and a median price per square foot (PSF) of RM 94.
This area contains both residential and commercial properties. View 4 residential properties or 1 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 150K, with most transactions falling within a stable range of RM 90K to RM 210K, and a typical market range of RM 100K to RM 200K.
Most transactions involved low-cost house, though some variety exists in the market.
The median PSF stands at RM 94, with core pricing between RM 83 and RM 105. Market pricing typically extends from RM 82.50 to RM 105.50, reflecting moderate variation in unit pricing. With an IQR of RM 23.00 and MAD of RM 11, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.