Taman Merak - Tokai in Pendang, Kedah recorded 2 subsale transactions in 2023, with a median price of RM553K and a median price per square foot (PSF) of RM168.

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 RM553K, with most transactions falling within a stable range of RM445K to RM660K, and a typical market range of RM459K to RM646K.

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

For price per square foot, the median is RM168, with most transactions between RM155 and RM182. The usual range is RM148.14 to RM188.64, showing that most units are priced quite close to each other. A typical spread (IQR) of RM40.50 and an average deviation (MAD) of RM14 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.