Area Intelligence

TMN MERBAU INDAH

6 properties
Double Storey Shop
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Median Price
RM 350,000
PSF: RM 251

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 6 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 350K and a median price per square foot (PSF) of RM 251.

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 350K, with most transactions falling within a stable range of RM 340K to RM 454K, and a typical market range of RM 340K to RM 368K.

Within the Double Storey Shop category, 2 - 2 1/2 storey shop dominated the market, though some variety exists in the market.

For price per square foot, the median is RM 251, with most transactions between RM 242 and RM 259. The usual range is RM 228.75 to RM 272.25, 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 8 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN MERBAU INDAH, Kulim, Kedah

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Transactions

6 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
1 units Double Storey Shop
RM 630,000
LORONG MERBAU INDAH 1
2,411 sqft · RM 261.00 PSF
Jan 2024