TMN KAMPONG RAJA

TMN KAMPONG RAJA in Kuala Muda, Kedah recorded 2 subsale transactions in 2022, with a median price of RM 238K and a median price per square foot (PSF) of RM 67.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 238K, with most transactions falling within a stable range of RM 155K to RM 320K, and a typical market range of RM 196K to RM 279K.

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

Price per square foot shows a median of RM 67, though individual units vary from RM 43 to RM 91 in the core range. The broader market spans RM 57.75 to RM 76.25, indicating diverse property characteristics. A wider spread (IQR: RM 18.50) and deviation (MAD: RM 24) 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. Limited transaction history suggests carefully evaluating comparable sales data.