RESIDENSI MESRA

RESIDENSI MESRA in Kuala Muda, Kedah recorded 47 subsale transactions in 2021, with a median price of RM 215K and a median price per square foot (PSF) of RM 124.

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 215K, with most transactions falling within a stable range of RM 180K to RM 269K, and a typical market range of RM 180K to RM 269K.

Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.

Price per square foot shows a median of RM 124, though individual units vary from RM 81 to RM 167 in the core range. The broader market spans RM 82.50 to RM 165.50, indicating diverse property characteristics. A wider spread (IQR: RM 83.00) and deviation (MAD: RM 43) 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. Moderate transaction volume may require patience when buying or selling.