TAMAN MERGONG INDAH(FASA 1)

TAMAN MERGONG INDAH(FASA 1) in Kota Setar, Kedah recorded 2 subsale transactions in 2022, with a median price of RM 295K 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 295K, with most transactions falling within a stable range of RM 200K to RM 390K, and a typical market range of RM 245K to RM 345K.

Most transactions involved low-cost house, though some variety exists in the market.

The median PSF stands at RM 167, with core pricing between RM 144 and RM 190. Market pricing typically extends from RM 155.50 to RM 178.50, reflecting moderate variation in unit pricing. With an IQR of RM 23.00 and MAD of RM 23, 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.