TMN PERMAI (SP)

TMN PERMAI (SP) in Kuala Muda, Kedah recorded 2 subsale transactions in 2021, with a median price of RM 129K and a median price per square foot (PSF) of RM 108.

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 129K, with most transactions falling within a stable range of RM 68K to RM 190K, and a typical market range of RM 81K to RM 177K.

Most transactions involved low-cost house, with minimal variety in property types.

Price per square foot shows a median of RM 108, though individual units vary from RM 57 to RM 159 in the core range. The broader market spans RM 67.63 to RM 148.38, indicating diverse property characteristics. A wider spread (IQR: RM 80.75) and deviation (MAD: RM 51) 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.