TMN MELOR (K.S.M) FASA 1

TMN MELOR (K.S.M) FASA 1 in Kuala Muda, Kedah recorded 4 subsale transactions in 2022, with a median price of RM 178K and a median price per square foot (PSF) of RM 129.

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 178K, with most transactions falling within a stable range of RM 175K to RM 183K, and a typical market range of RM 175K to RM 188K.

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

For price per square foot, the median is RM 129, with most transactions between RM 119 and RM 139. The usual range is RM 95.50 to RM 162.50, showing that most units are priced quite close to each other. With an IQR of RM 67.00 and MAD of RM 10, the PSF demonstrates reasonable consistency across the market.

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.