| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Pegawai
|
RM 730,000
|
RM 455
|
1,604 sqft
|
|
|
|
Alor Setar
|
RM 470,000
|
RM 293
|
1,604 sqft
|
|
|
Jalan Teratai Merah 6
|
RM 750,000
|
RM 444
|
1,690 sqft
|
|
|
|
Off Jalan Lencongan Barat
|
RM 550,000
|
RM 325
|
1,690 sqft
|
|
|
|
Off Jalan Lencongan Barat
|
RM 435,000
|
RM 257
|
1,690 sqft
|
|
|
|
Jalan Pegawai
|
RM 380,000
|
RM 225
|
1,690 sqft
|
|
|
|
Off Jalan Lencongan Barat
|
RM 408,000
|
RM 241
|
1,690 sqft
|
|
|
|
Lorong Teratai Merah 1
|
RM 450,000
|
RM 266
|
1,690 sqft
|
|
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Market Snapshot
ResidentialRM 460,000
RM 280 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 8 subsale transactions in 2023, with a median price of RM 460K and a median price per square foot (PSF) of RM 280.
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 460K, with most transactions falling within a stable range of RM 380K to RM 594K, and a typical market range of RM 414K to RM 506K.
Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.
Price per square foot shows a median of RM 280, though individual units vary from RM 196 to RM 363 in the core range. The broader market spans RM 238.05 to RM 321.30, indicating diverse property characteristics. A wider spread (IQR: RM 83.25) and deviation (MAD: RM 84) indicate significant PSF variations, likely due to diverse property types or conditions.
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.