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Market Snapshot
ResidentialRM 205,000
RM 147 psfMedian transaction price
Taman Jati (Kuala Nerang), Padang Terap, Kedah
Taman Jati (Kuala Nerang) in Padang Terap, Kedah recorded 2 subsale transactions in 2024, with a median price of RM 205K and a median price per square foot (PSF) of RM 147.
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 205K, with most transactions falling within a stable range of RM 160K to RM 250K, and a typical market range of RM 168K to RM 242K.
Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.
Price per square foot shows a median of RM 147, though individual units vary from RM 115 to RM 179 in the core range. The broader market spans RM 140.44 to RM 153.44, indicating diverse property characteristics. The spread of RM 13.00 (IQR) and deviation of RM 32 (MAD) suggest moderate price variations reflecting different property features.
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.