TAMAN CENDERAWASIH (SRI MEWAH)

TAMAN CENDERAWASIH (SRI MEWAH) in Kota Setar, Kedah recorded 3 subsale transactions in 2023, with a median price of RM 270K and a median price per square foot (PSF) of RM 181.

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 270K, with most transactions falling within a stable range of RM 250K to RM 270K, and a typical market range of RM 230K to RM 270K.

Most transactions involved low-cost house, with high diversity across multiple property types.

The median PSF stands at RM 181, with core pricing between RM 159 and RM 204. Market pricing typically extends from RM 137.50 to RM 224.50, reflecting moderate variation in unit pricing. With an IQR of RM 87.00 and MAD of RM 23, 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.