TAMAN DAMAI FASA 1 (A.MERAH) in Kota Setar, Kedah recorded 1 subsale transactions in 2022, with a median price of RM 130K and a median price per square foot (PSF) of RM 131.
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 130K, with most transactions falling within a stable range of RM 93K to RM 168K, and a typical market range of RM 101K to RM 159K.
Most transactions involved low-cost house, with moderate diversity in property types available.
The median PSF stands at RM 131, with core pricing between RM 106 and RM 156. Market pricing typically extends from RM 105.50 to RM 156.50, reflecting moderate variation in unit pricing. The spread of RM 51.00 (IQR) and deviation of RM 25 (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.