TMN CEMPAKA (SP)

TMN CEMPAKA (SP) in Kuala Muda, Kedah recorded 2 subsale transactions in 2023, with a median price of RM 277K and a median price per square foot (PSF) of RM 123.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 277K, with most transactions falling within a stable range of RM 273K to RM 280K, and a typical market range of RM 275K to RM 278K.

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

For price per square foot, the median is RM 123, with most transactions between RM 121 and RM 124. The usual range is RM 121.75 to RM 123.25, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 1.50 and an average deviation (MAD) of RM 2 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.