TAMAN MERGONG JAYA FASA 1

TAMAN MERGONG JAYA FASA 1 in Kota Setar, Kedah recorded 1 subsale transactions in 2024, with a median price of RM 763K and a median price per square foot (PSF) of RM 639.

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 763K, with most transactions falling within a stable range of RM 672K to RM 855K, and a typical market range of RM 717K to RM 809K.

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

The median PSF stands at RM 639, with core pricing between RM 562 and RM 716. Market pricing typically extends from RM 600.50 to RM 677.50, 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.