TMN RIA MESRA 2

TMN RIA MESRA 2 in Kuala Muda, Kedah recorded 32 subsale transactions in 2023, with a median price of RM 200K and a median price per square foot (PSF) of RM 131.

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 200K, with most transactions falling within a stable range of RM 140K to RM 260K, and a typical market range of RM 165K to RM 235K.

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

The median PSF stands at RM 131, with core pricing between RM 105 and RM 156. Market pricing typically extends from RM 108.50 to RM 152.50, reflecting moderate variation in unit pricing. The spread of RM 44.00 (IQR) and deviation of RM 26 (MAD) suggest moderate price variations reflecting different property features.

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.