TAMAN MERAK - TOKAI

TAMAN MERAK - TOKAI in Pendang, Kedah recorded 2 subsale transactions in 2023, with a median price of RM 553K and a median price per square foot (PSF) of RM 169.

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 553K, with most transactions falling within a stable range of RM 445K to RM 660K, and a typical market range of RM 483K to RM 623K.

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

For price per square foot, the median is RM 169, with most transactions between RM 155 and RM 182. The usual range is RM 156.25 to RM 180.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 24.50 and an average deviation (MAD) of RM 14 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.