Taman Gunung Bongsu 1

Bandar Alor Setar, 05400, Kota Setar, Kedah, Malaysia

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Market Snapshot

Residential

RM 225,000

RM 220 psf

Median transaction price

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TAMAN GUNUNG BONGSU 1, Bandar Alor Setar, 05400, Kota Setar, Kedah, Malaysia

Taman Gunung Bongsu 1 in Kota Setar, Kedah recorded 0 subsale transactions in 2021, with a median price of RM 235K and a median price per square foot (PSF) of RM 209.

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 235K, with most transactions falling within a stable range of RM 180K to RM 290K, and a typical market range of RM 174K to RM 296K.

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

The median PSF stands at RM 209, with core pricing between RM 181 and RM 237. Market pricing typically extends from RM 175.00 to RM 243.00, reflecting moderate variation in unit pricing. With an IQR of RM 68.00 and MAD of RM 28, 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.