Kedah
Kota Setar
Bandar Alor Setar
TAMAN GUNONG INDAH

TAMAN GUNONG INDAH

Area Intelligence

2022

Median Price

RM 690,000

PSF: RM 250

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TAMAN GUNONG INDAH in Kota Setar, Kedah recorded 3 subsale transactions in 2022, with a median price of RM 690K and a median price per square foot (PSF) of RM 250.

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 690K, with most transactions falling within a stable range of RM 450K to RM 1.01 million, and a typical market range of RM 450K to RM 972K.

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

Price per square foot shows a median of RM 250, though individual units vary from RM 176 to RM 325 in the core range. The broader market spans RM 211.84 to RM 288.84, indicating diverse property characteristics. A wider spread (IQR: RM 77.00) and deviation (MAD: RM 74) 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN GUNONG INDAH, Kota Setar, Kedah

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