TAMAN LUMBA KUDA in Kota Setar, Kedah recorded 3 subsale transactions in 2021, with a median price of RM 380K and a median price per square foot (PSF) of RM 116.
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 380K, with most transactions falling within a stable range of RM 305K to RM 455K, and a typical market range of RM 284K to RM 476K.
Most transactions involved 2 - 2 1/2 storey semi-detached, with moderate diversity in property types available.
Price per square foot shows a median of RM 116, though individual units vary from RM 89 to RM 144 in the core range. The broader market spans RM 90.00 to RM 142.00, indicating diverse property characteristics. The spread of RM 52.00 (IQR) and deviation of RM 28 (MAD) suggest moderate price variations reflecting different property features.
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.
