Kedah
Kota Setar
Bandar Alor Setar
TAMAN KENARI MERAH

TAMAN KENARI MERAH

Area Intelligence

2023

Median Price

RM 390,000

PSF: RM 189

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Residential PSF Trends

Median Price

RM 390,000

PSF: RM 189

TAMAN KENARI MERAH in Kota Setar, Kedah recorded 2 subsale transactions in 2023, with a median price of RM 390K and a median price per square foot (PSF) of RM 189.

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 390K, with most transactions falling within a stable range of RM 300K to RM 480K, and a typical market range of RM 354K to RM 426K.

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

Price per square foot shows a median of RM 189, though individual units vary from RM 148 to RM 230 in the core range. The broader market spans RM 143.25 to RM 234.75, indicating diverse property characteristics. The spread of RM 91.50 (IQR) and deviation of RM 41 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN KENARI MERAH, Kota Setar, Kedah

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