TAMAN SERAI MERBAU (PL 12584)

TAMAN SERAI MERBAU (PL 12584) in Kerian, Perak recorded 7 subsale transactions in 2021, with a median price of RM 259K and a median price per square foot (PSF) of RM 183.

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 259K, with most transactions falling within a stable range of RM 219K to RM 299K, and a typical market range of RM 227K to RM 292K.

Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.

The median PSF stands at RM 183, with core pricing between RM 147 and RM 219. Market pricing typically extends from RM 156.75 to RM 209.25, reflecting moderate variation in unit pricing. The spread of RM 52.50 (IQR) and deviation of RM 36 (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.