Taman Merbau

Taman Merbau in Kulim, Kedah recorded 2 subsale transactions in 2022, with a median price of RM 135K and a median price per square foot (PSF) of RM 131.

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 135K, with most transactions falling within a stable range of RM 70K to RM 200K, and a typical market range of RM 85K to RM 185K.

Most transactions involved low-cost house, though some variety exists in the market.

Price per square foot shows a median of RM 131, though individual units vary from RM 64 to RM 198 in the core range. The broader market spans RM 119.21 to RM 142.21, indicating diverse property characteristics. A wider spread (IQR: RM 23.00) and deviation (MAD: RM 67) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.