Kedah
Kota Setar
Bandar Alor Setar
TAMAN GUNUNG BONGSU 1

TAMAN GUNUNG BONGSU 1

Area Intelligence

2023

Median Price

RM 312,500

PSF: RM 167

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Residential PSF Trends

Median Price

RM 312,500

PSF: RM 167

TAMAN GUNUNG BONGSU 1 in Kota Setar, Kedah recorded 4 subsale transactions in 2023, with a median price of RM 313K and a median price per square foot (PSF) of RM 167.

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 313K, with most transactions falling within a stable range of RM 255K to RM 235K, and a typical market range of RM 240K to RM 235K.

Most transactions involved 1 - 1 1/2 stor, with high diversity across multiple property types.

For price per square foot, the median is RM 167, with most transactions between RM 151 and RM 183. The usual range is RM 131.13 to RM 202.88, showing that most units are priced quite close to each other. With an IQR of RM 71.75 and MAD of RM 16, 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 GUNUNG BONGSU 1, Kota Setar, Kedah

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