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Market Snapshot
ResidentialRM 450,000
RM 311 psfMedian transaction price
TAMAN BERJAYA(JALAN LENCONGAN BARAT), Simpang Kuala, Bandar Alor Setar, 05400, Kota Setar, Kedah, Malaysia
Taman Berjaya(Jalan Lencongan Barat) in Kota Setar, Kedah recorded 0 subsale transactions in 2021, with a median price of RM 450K and a median price per square foot (PSF) of RM 309.
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 450K, with most transactions falling within a stable range of RM 401K to RM 499K, and a typical market range of RM 404K to RM 496K.
Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.
The median PSF stands at RM 309, with core pricing between RM 272 and RM 346. Market pricing typically extends from RM 267.38 to RM 350.63, reflecting moderate variation in unit pricing. With an IQR of RM 83.25 and MAD of RM 37, the PSF demonstrates reasonable consistency across the market.
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.