TAMAN AKASIA (KUALA NERANG)

TAMAN AKASIA (KUALA NERANG) in Padang Terap, Kedah recorded 2 subsale transactions in 2023, with a median price of RM 220K and a median price per square foot (PSF) of RM 173.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 220K, with most transactions falling within a stable range of RM 160K to RM 280K, and a typical market range of RM 200K to RM 240K.

Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.

For price per square foot, the median is RM 173, with most transactions between RM 170 and RM 176. The usual range is RM 165.00 to RM 181.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 16.00 and an average deviation (MAD) of RM 3 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.