TAMAN AROWANA (FASA 2)

TAMAN AROWANA (FASA 2) in Kuala Muda, Kedah recorded 12 subsale transactions in 2023, with a median price of RM 266K and a median price per square foot (PSF) of RM 222.

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 266K, with most transactions falling within a stable range of RM 247K to RM 270K, and a typical market range of RM 260K to RM 270K.

Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.

For price per square foot, the median is RM 222, with most transactions between RM 214 and RM 230. The usual range is RM 216.25 to RM 227.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 11.50 and an average deviation (MAD) of RM 8 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.