TAMAN MERGONG JAYA (FASA 2)

TAMAN MERGONG JAYA (FASA 2) in Kota Setar, Kedah recorded 2 subsale transactions in 2021, with a median price of RM 253K and a median price per square foot (PSF) of RM 155.

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 253K, with most transactions falling within a stable range of RM 223K to RM 283K, and a typical market range of RM 226K to RM 279K.

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

The median PSF stands at RM 155, with core pricing between RM 135 and RM 175. Market pricing typically extends from RM 134.25 to RM 174.75, reflecting moderate variation in unit pricing. With an IQR of RM 40.50 and MAD of RM 20, 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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.