TAMAN MERGONG JAYA (FASA 2)

Area Intelligence
2024
Median Price
RM 265,000
PSF: RM 225

Residential PSF Trends

Median Price

RM 265,000

PSF: RM 225

TAMAN MERGONG JAYA (FASA 2) in Kota Setar, Kedah recorded 6 subsale transactions in 2024, with a median price of RM 265K and a median price per square foot (PSF) of RM 225.

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 265K, with most transactions falling within a stable range of RM 230K to RM 300K, and a typical market range of RM 238K to RM 292K.

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

The median PSF stands at RM 225, with core pricing between RM 191 and RM 258. Market pricing typically extends from RM 204.25 to RM 244.75, reflecting moderate variation in unit pricing. The spread of RM 40.50 (IQR) and deviation of RM 34 (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. 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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Transactions

6 transactions grouped by size

1,100 sqft
Low-Cost House
RM 280,000
JALAN LENCONG BARAT
1,100 sqft · RM 255 PSF
RM 240,000
LORONG SARI 5
1,098 sqft · RM 219 PSF
1,200 sqft
Low-Cost House
RM 295,000
OFF JALAN LENCONGAN BARAT
1,216 sqft · RM 243 PSF
1,300 sqft
Single Storey Terraced
RM 300,000
LORONG SARI 8
1,302 sqft · RM 230 PSF
RM 250,000
LOR SARI 7
1,302 sqft · RM 192 PSF
RM 200,000
LORONG SARI 6
1,302 sqft · RM 154 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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