Area Intelligence

TMN MERBAU INDAH

4 properties
2024
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Median Price
RM 380,000
PSF: RM 258

Commercial Market

Median Price

RM 380,000

IQR: RM 15
MAD: RM 8
RM 258 PSF 2.0%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN MERBAU INDAH in Kulim, Kedah recorded 4 subsale transactions in 2024, with a median price of RM 380K and a median price per square foot (PSF) of RM 258.

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 380K, with most transactions falling within a stable range of RM 345K to RM 496K, and a typical market range of RM 363K to RM 398K.

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 258, with most transactions between RM 251 and RM 264. The usual range is RM 235.75 to RM 279.25, 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 6 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

4 properties grouped by size

1,400 sqft
2 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
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