TAMAN MERPATI INDAH
Kulim, Kedah · Freehold · 53 transactions
Median Price
RM462K
RM453K – RM510K
Median PSF
RM298
RM292 – RM323
Transactions
53
2021-12 to 2025-10
Size Range
624 – 2648
sq.ft (built-up)
Recorded Transactions
Median Price
Median PSF
Market Analysis
Data-driven insights for TAMAN MERPATI INDAH
Investment Return
Earliest PSF (2021)
RM245
Current PSF (2025)
RM323
Capital Gain
+31.4%
Total Return (est.)
12.2% p.a.
| Capital appreciation (4 years) | +31.4% |
| Annualised capital return | +7.9% p.a. |
| Est. gross rental yield | 4.3% p.a. |
| Est. total return (capital + rental) | 12.2% p.a. |
| vs Fixed Deposit (3.5% p.a. x 4yr) | +34.6% |
*Based on earliest recorded transaction (2021). Actual launch price may differ. Rental yield estimated from Kedah district averages.
Unit Mix Breakdown
| Size | Transactions | Median Price | Median PSF |
|---|---|---|---|
| 600 sqft | 3 | RM110K | RM176 |
| 1,550 sqft | 47 | RM462K | RM298 |
| 2,650 sqft | 2 | RM650K | RM245 |
Market Verdict
PSF Trend: Appreciating
PSF moved from RM245 (2021) to RM323 (2025)
Liquidity: Moderate
53 transactions over 4 years (~13/year)
18% below Kulim average
This project: RM298 PSF vs Kulim median: RM365 PSF
Est. Total Return: 12.2% p.a. (beats FD)
Capital gain (7.9% p.a.) + rental yield (~4.3% p.a.)
Verdict
TAMAN MERPATI INDAH delivers a strong estimated total return of 12.2% p.a. — comprising +7.9% capital appreciation and ~4.3% rental yield over 4 years. This outperforms fixed deposits (3.5% p.a.) when rental income is factored in. PSF trades 18% below the Kulim average — potentially undervalued. Best suited for capital gain seekers, long-term holders, those who value liquidity.
Investment return & market verdict
ROI since launch, unit mix, rental yield, area comparison
Transaction History
Showing 5 of 53| Date | Type | Tenure | Size (sqft) | PSF | Price |
|---|---|---|---|---|---|
| Oct 2025 | 2 - 2 1/2 Storey Terraced | Freehold | 1,550 | RM355 | RM550K |
| May 2025 | 2 - 2 1/2 Storey Terraced | Freehold | 1,550 | RM323 | RM500K |
| Apr 2025 | 2 - 2 1/2 Storey Terraced | Freehold | 1,550 | RM323 | RM500K |
| Apr 2025 | 2 - 2 1/2 Storey Terraced | Freehold | 1,550 | RM329 | RM510K |
| Jan 2025 | Flat | Freehold | 624 | RM176 | RM110K |
48 more transactions hidden
Full Report Includes
Complete NAPIC transaction data with trend analysis — RM69.90 per report
Investment ROI
Capital gain + rental yield since launch
Market verdict
Trend, liquidity, and area comparison
Unit mix breakdown
Price & PSF by unit size
All transactions
Full table of 53 records
3 interactive charts
Scatter, price & PSF vs Kulim & Kedah
Percentile breakdown
25th, 50th, 75th price & PSF
Instant access. No subscription.