TAMAN LAVENDER in Kota Setar, Kedah recorded 1 subsale transactions in 2022, with a median price of RM 488K and a median price per square foot (PSF) of RM 349.
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 488K, with most transactions falling within a stable range of RM 376K to RM 600K, and a typical market range of RM 395K to RM 581K.
Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.
For price per square foot, the median is RM 349, with most transactions between RM 316 and RM 382. The usual range is RM 306.25 to RM 391.75, showing that most units are priced quite close to each other. With an IQR of RM 85.50 and MAD of RM 33, 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.
