Kedah
Kota Setar
Bandar Alor Setar
TAMAN GUNONG INDAH

TAMAN GUNONG INDAH

Area Intelligence

2023

Median Price

RM 851,500

PSF: RM 330

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TAMAN GUNONG INDAH in Kota Setar, Kedah recorded 2 subsale transactions in 2023, with a median price of RM 852K and a median price per square foot (PSF) of RM 330.

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 852K, with most transactions falling within a stable range of RM 570K to RM 1.13 million, and a typical market range of RM 570K to RM 1.13 million.

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

For price per square foot, the median is RM 330, with most transactions between RM 317 and RM 343. The usual range is RM 291.48 to RM 368.48, showing that most units are priced quite close to each other. With an IQR of RM 77.00 and MAD of RM 13, 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.

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TAMAN GUNONG INDAH, Kota Setar, Kedah

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