LORONG MERPATI

LORONG MERPATI in Kota Setar, Kedah recorded 2 subsale transactions in 2022, with a median price of RM 189K and a median price per square foot (PSF) of RM 104.

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 189K, with most transactions falling within a stable range of RM 150K to RM 228K, and a typical market range of RM 183K to RM 195K.

Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.

Price per square foot shows a median of RM 104, though individual units vary from RM 82 to RM 125 in the core range. The broader market spans RM 100.00 to RM 107.00, indicating diverse property characteristics. The spread of RM 7.00 (IQR) and deviation of RM 22 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.