TAMAN MUHIBBAH ( ALOR MALAI )

TAMAN MUHIBBAH ( ALOR MALAI ) in Kota Setar, Kedah recorded 2 subsale transactions in 2022, with a median price of RM 260K and a median price per square foot (PSF) of RM 97.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 260K, with most transactions falling within a stable range of RM 195K to RM 325K, and a typical market range of RM 208K to RM 313K.

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

The median PSF stands at RM 97, with core pricing between RM 85 and RM 109. Market pricing typically extends from RM 85.00 to RM 108.00, reflecting moderate variation in unit pricing. With an IQR of RM 23.00 and MAD of RM 12, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.