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 133K to RM 223K, and a typical market range of RM 131K to RM 224K.
Most transactions involved detached, with minimal variety in property types.
Price per square foot shows a median of RM 69, though individual units vary from RM 51 to RM 87 in the core range. The broader market spans RM 49.75 to RM 88.25, indicating diverse property characteristics. A wider spread (IQR: RM 38.50) and deviation (MAD: RM 18) 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.
