Kedah
Kota Setar
Bandar Alor Setar
TAMAN MERGONG JAYA (FASA 2)

TAMAN MERGONG JAYA (FASA 2)

Area Intelligence

2023

Median Price

RM 255,000

PSF: RM 214

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Residential PSF Trends

Median Price

RM 255,000

PSF: RM 214

TAMAN MERGONG JAYA (FASA 2) in Kota Setar, Kedah recorded 4 subsale transactions in 2023, with a median price of RM 255K and a median price per square foot (PSF) of RM 214.

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 255K, with most transactions falling within a stable range of RM 238K to RM 270K, and a typical market range of RM 230K to RM 270K.

Most transactions involved low-cost house, with moderate diversity in property types available.

For price per square foot, the median is RM 214, with most transactions between RM 208 and RM 220. The usual range is RM 193.75 to RM 234.25, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 40.50 and an average deviation (MAD) of RM 6 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN MERGONG JAYA (FASA 2), Kota Setar, Kedah

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