TAMAN SERAI MERBAU (PL 12584)

TAMAN SERAI MERBAU (PL 12584) in Kerian, Perak recorded 33 subsale transactions in 2022, with a median price of RM 299K and a median price per square foot (PSF) of RM 184.

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 299K, with most transactions falling within a stable range of RM 247K to RM 351K, and a typical market range of RM 267K to RM 332K.

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

Price per square foot shows a median of RM 184, though individual units vary from RM 141 to RM 227 in the core range. The broader market spans RM 157.75 to RM 210.25, indicating diverse property characteristics. The spread of RM 52.50 (IQR) and deviation of RM 43 (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. Moderate transaction volume may require patience when buying or selling.