Area Intelligence

TMN MERBAU INDAH

8 properties
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Median Price
RM 342,500
PSF: RM 245

Commercial Market

Median Price

RM 350,000

IQR: RM 15
MAD: RM 8
RM 251 PSF 2.0%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN MERBAU INDAH in Kulim, Kedah recorded 8 subsale transactions between 2021 and 2025, with a median price of RM 343K and a median price per square foot (PSF) of RM 245.

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 343K, with most transactions falling within a stable range of RM 320K to RM 365K, and a typical market range of RM 325K to RM 360K.

Most transactions involved 2 - 2 1/2 storey shop, though some variety exists in the market.

For price per square foot, the median is RM 245, with most transactions between RM 233 and RM 258. The usual range is RM 223.25 to RM 266.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 43.50 and an average deviation (MAD) of RM 13 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.

Area Location

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TMN MERBAU INDAH, Kulim, Kedah

OSM

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Transactions

8 properties grouped by size

1,400 sqft
4 units Double Storey Shop
RM 345,000
LORONG MERBAU INDAH 1
1,399 sqft · RM 247.00 PSF
Oct 2024
RM 355,000
LORONG MERBAU INDAH 1
1,399 sqft · RM 254.00 PSF
Jan 2024
RM 340,000
LORONG MERBAU INDAH 1
1,399 sqft · RM 243.00 PSF
Nov 2022
RM 340,000
LORONG MERBAU INDAH 1
1,399 sqft · RM 243.00 PSF
Nov 2021
1,550 sqft
1 units Double Storey Shop
RM 405,000
LORONG MERBAU INDAH 1
1,539 sqft · RM 263.00 PSF
Oct 2024
2,400 sqft
2 units
RM 630,000
Double Storey Shop LORONG MERBAU INDAH 1
2,411 sqft · RM 261.00 PSF
Jan 2024
RM 288,000
Single Storey Semi-D LRG MERBAU INDAH 2
2,400 sqft · RM 120.00 PSF
Nov 2023
2,650 sqft
1 units Single Storey Semi-D
RM 310,000
LRG MERBAU INDAH 2
2,626 sqft · RM 118.00 PSF
Jan 2023