Taman Merbau in Kuala Muda, Kedah recorded 2 subsale transactions in 2021, with a median price of RM215K and a median price per square foot (PSF) of RM100.

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 RM215K, with most transactions falling within a stable range of RM160K to RM270K, and a typical market range of RM160K to RM270K.

Most transactions involved low-cost house, with high diversity across multiple property types.

Price per square foot shows a median of RM100, though individual units vary from RM77 to RM123 in the core range. The broader market spans RM69.53 to RM130.03, indicating diverse property characteristics. The spread of RM60.50 (IQR) and deviation of RM23 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.