TMN SRI MERANTI

TMN SRI MERANTI in Kubang Pasu, Kedah recorded 2 subsale transactions in 2023, with a median price of RM 165K and a median price per square foot (PSF) of RM 151.

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 165K, with most transactions falling within a stable range of RM 160K to RM 170K, and a typical market range of RM 160K to RM 170K.

Most transactions involved 1 - 1 1/2 storey semi-detached, with high diversity across multiple property types.

For price per square foot, the median is RM 151, with most transactions between RM 146 and RM 155. The usual range is RM 140.38 to RM 160.63, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 20.25 and an average deviation (MAD) of RM 5 indicate a highly stable PSF trend across properties.

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.