TAMAN MUHIBAH

Area Intelligence
5 subsale transactions
2024
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Median Price
RM 360,000
PSF: RM 250

Residential PSF Trends

Median Price

RM 360,000

PSF: RM 250

TAMAN MUHIBAH in Kerian, Perak recorded 5 subsale transactions in 2024, with a median price of RM 360K and a median price per square foot (PSF) of RM 250.

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 360K, with most transactions falling within a stable range of RM 350K to RM 370K, and a typical market range of RM 340K to RM 370K.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

Price per square foot shows a median of RM 250, though individual units vary from RM 173 to RM 327 in the core range. The broader market spans RM 169.38 to RM 330.63, indicating diverse property characteristics. A wider spread (IQR: RM 161.25) and deviation (MAD: RM 77) indicate significant PSF variations, likely due to diverse property types or conditions.

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.

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TAMAN MUHIBAH, Kerian, Perak

OSM

Transactions

5 transactions grouped by size

Price Range

Clear

Size Range (sqft)

Clear
1,400 sqft
Double Storey Terraced
RM 360,000
JALAN MUHIBBAH 9
1,399 sqft · RM 257.00 PSF
Oct 2024
RM 360,000
JALAN MUHIBBAH 8
1,410 sqft · RM 255.00 PSF
Jun 2024
RM 350,000
JALAN MUHIBBAH 8
1,399 sqft · RM 250.00 PSF
Feb 2024
3,200 sqft
Single Storey Semi-D
RM 340,000
JALAN MUHIBAH 3
3,197 sqft · RM 106.00 PSF
Jul 2024
4,250 sqft
Bungalow
RM 370,000
JALAN MUHIBAH 2
4,241 sqft · RM 87.00 PSF
Aug 2024