TAMAN SERAI MERBAU (PL 12584)

TAMAN SERAI MERBAU (PL 12584) in Kerian, Perak recorded 13 subsale transactions in 2023, with a median price of RM 363K and a median price per square foot (PSF) of RM 185.

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 363K, with most transactions falling within a stable range of RM 355K to RM 299K, and a typical market range of RM 331K to RM 299K.

Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.

For price per square foot, the median is RM 185, with most transactions between RM 170 and RM 200. The usual range is RM 158.75 to RM 211.25, showing that most units are priced quite close to each other. With an IQR of RM 52.50 and MAD of RM 15, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.