TAMAN DESA KUALA MUDA in Seberang Perai Utara, Penang recorded 2 subsale transactions in 2023, with a median price of RM 178K and a median price per square foot (PSF) of RM 69.
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 178K, with most transactions falling within a stable range of RM 155K to RM 200K, and a typical market range of RM 155K to RM 200K.
Most transactions involved detached, with minimal variety in property types.
The median PSF stands at RM 69, with core pricing between RM 60 and RM 78. Market pricing typically extends from RM 49.75 to RM 88.25, reflecting moderate variation in unit pricing. With an IQR of RM 38.50 and MAD of RM 9, 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.
