TAMAN MERGONG JAYA FASA 1

TAMAN MERGONG JAYA FASA 1 in Kota Setar, Kedah recorded 2 subsale transactions between 2021 and 2025, with a median price of RM 672K and a median price per square foot (PSF) of RM 562.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 672K, with most transactions falling within a stable range of RM 580K to RM 763K, and a typical market range of RM 626K to RM 717K.

Most transactions involved 2 - 2 1/2 storey shop, with minimal variety in property types.

The median PSF stands at RM 562, with core pricing between RM 485 and RM 639. Market pricing typically extends from RM 523.50 to RM 600.50, reflecting moderate variation in unit pricing. With an IQR of RM 77.00 and MAD of RM 77, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.