BANDAR LAGUNA MERBOK (TERES)

BANDAR LAGUNA MERBOK (TERES) in Kuala Muda, Kedah recorded 15 subsale transactions in 2021, with a median price of RM 390K and a median price per square foot (PSF) of RM 231.

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 390K, with most transactions falling within a stable range of RM 325K to RM 455K, and a typical market range of RM 355K to RM 425K.

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

Price per square foot shows a median of RM 231, though individual units vary from RM 182 to RM 280 in the core range. The broader market spans RM 207.25 to RM 254.75, indicating diverse property characteristics. The spread of RM 47.50 (IQR) and deviation of RM 49 (MAD) suggest moderate price variations reflecting different property features.

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.