TMN SERI KENARI ( PEC LOT 292)

TMN SERI KENARI ( PEC LOT 292) in Kuala Muda, Kedah recorded 2 subsale transactions in 2022, with a median price of RM 550K and a median price per square foot (PSF) of RM 231.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 550K, with most transactions falling within a stable range of RM 450K to RM 650K, and a typical market range of RM 490K to RM 610K.

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

For price per square foot, the median is RM 231, with most transactions between RM 225 and RM 236. The usual range is RM 209.50 to RM 251.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 42.00 and an average deviation (MAD) of RM 6 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.