TAMAN MERGONG JAYA (FASA 2)

Area Intelligence
2023
Median Price
RM 255,000
PSF: RM 214

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 230K to RM 323K, and a typical market range of RM 230K to RM 282K.

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

The median PSF stands at RM 214, with core pricing between RM 185 and RM 243. Market pricing typically extends from RM 193.75 to RM 234.25, reflecting moderate variation in unit pricing. With an IQR of RM 40.50 and MAD of RM 29, 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. Moderate price stability provides a balanced market for both buyers and sellers. 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

4 transactions grouped by size

1,100 sqft
Low-Cost House
RM 240,000
LORONG SARI 3
1,098 sqft · RM 219 PSF
RM 230,000
JALAN LENCONGAN BARAT
1,098 sqft · RM 209 PSF
1,200 sqft
Low-Cost House
RM 270,000
OFF JALAN LENCONGAN BARAT
1,206 sqft · RM 224 PSF
2,650 sqft
Single Storey Semi-D
RM 400,000
LENGKOK SELENDANG
2,626 sqft · RM 152 PSF

No Properties For Sale

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

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