TMN MERAK/ BAYAN

TMN MERAK/ BAYAN in Kulim, Kedah recorded 7 subsale transactions in 2024, with a median price of RM 280K and a median price per square foot (PSF) of RM 200.

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 280K, with most transactions falling within a stable range of RM 240K to RM 361K, and a typical market range of RM 261K to RM 299K.

Most transactions involved low-cost house, with moderate diversity in property types available.

The median PSF stands at RM 200, with core pricing between RM 165 and RM 235. Market pricing typically extends from RM 159.00 to RM 241.00, reflecting moderate variation in unit pricing. The spread of RM 82.00 (IQR) and deviation of RM 35 (MAD) suggest moderate price variations reflecting different property features.

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.