TAMAN MERGONG JAYA FASA 1

TAMAN MERGONG JAYA FASA 1 in Kota Setar, Kedah recorded 1 subsale transactions in 2022, with a median price of RM 580K and a median price per square foot (PSF) of RM 485.

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 580K, with most transactions falling within a stable range of RM 489K to RM 672K, and a typical market range of RM 534K to RM 626K.

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

The median PSF stands at RM 485, with core pricing between RM 408 and RM 562. Market pricing typically extends from RM 446.50 to RM 523.50, reflecting moderate variation in unit pricing. The spread of RM 77.00 (IQR) and deviation of RM 77 (MAD) suggest moderate price variations reflecting different property features.

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.