LRG MERPATI Property Investment Analysis

LRG MERPATI in Kota Setar, Kedah recorded 5 subsale transactions between 2021 and 2025, with a median price of RM 235K and a median price per square foot (PSF) of RM 129.

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 235K, with most transactions falling within a stable range of RM 228K to RM 242K, and a typical market range of RM 229K to RM 241K.

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

For price per square foot, the median is RM 129, with most transactions between RM 125 and RM 133. The usual range is RM 125.50 to RM 132.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 7.00 and an average deviation (MAD) of RM 4 indicate a highly stable PSF trend across properties.

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.