| Road | Price | PSF | Size | Date | Type |
|---|
|
Lorong Damai 4
|
RM 250,000
|
RM 250
|
1,000 sqft
|
|
|
|
Batu 5, Jalan Alor Setar - Spg. 4
|
RM 250,000
|
RM 250
|
1,000 sqft
|
|
|
Lorong Damai 7
|
RM 270,000
|
RM 245
|
1,100 sqft
|
|
|
|
Jalan A/Setar- Spg 4
|
RM 245,000
|
RM 222
|
1,103 sqft
|
|
|
Lorong Damai 3
|
RM 600,000
|
RM 100
|
5,974 sqft
|
|
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Market Snapshot
ResidentialRM 250,000
RM 245 psfMedian transaction price
Taman Desa Damai(Segi Damai) in Kota Setar, Kedah recorded 5 subsale transactions in 2023, with a median price of RM 250K and a median price per square foot (PSF) of RM 245.
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 250K, with most transactions falling within a stable range of RM 245K to RM 389K, and a typical market range of RM 245K to RM 285K.
Most transactions involved low-cost house, though some variety exists in the market.
Price per square foot shows a median of RM 245, though individual units vary from RM 188 to RM 303 in the core range. The broader market spans RM 195.46 to RM 295.46, indicating diverse property characteristics. The spread of RM 100.00 (IQR) and deviation of RM 58 (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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.