TAMAN MUHIBBAH ( ALOR MALAI )

TAMAN MUHIBBAH ( ALOR MALAI ) in Kota Setar, Kedah recorded 1 subsale transactions in 2023, with a median price of RM 175K and a median price per square foot (PSF) of RM 63.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 175K, with most transactions falling within a stable range of RM 110K to RM 240K, and a typical market range of RM 123K to RM 228K.

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

The median PSF stands at RM 63, with core pricing between RM 51 and RM 75. Market pricing typically extends from RM 51.50 to RM 74.50, reflecting moderate variation in unit pricing. The spread of RM 23.00 (IQR) and deviation of RM 12 (MAD) suggest moderate price variations reflecting different property features.

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.