Taman Melati Fasa 1

Kedah, Kuala Muda, Bandar Sungai Petani

Property Transactions

3 subsales found

Price Size
Period
transactions middle 50% (P25–P75)
RM263,000
Lorong 6
1,625 sqft RM162 PSF
RM550,000
Lorong 10
4,833 sqft RM114 PSF
RM439,000
Lorong 10
3,251 sqft RM135 PSF
Legend Recent Highest Price Highest PSF

Selling in Taman Melati Fasa 1? Homes here sold for a median of RM439,000.

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Market Snapshot

Residential

RM439,000

RM135 psf

Median transaction price

Taman Melati Fasa 1 in Kuala Muda, Kedah recorded 3 subsale transactions in 2022, with a median price of RM439K and a median price per square foot (PSF) of RM135.

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 RM439K, with most transactions falling within a stable range of RM321K to RM550K, and a typical market range of RM318K to RM550K.

Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.

The median PSF stands at RM135, with core pricing between RM115 and RM155. Market pricing typically extends from RM115.43 to RM154.68, reflecting moderate variation in unit pricing. With an IQR of RM39.25 and MAD of RM20, 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.