TAMAN MUHIBBAH ( ALOR MALAI ) in Kota Setar, Kedah recorded 1 subsale transactions in 2024, with a median price of RM 110K and a median price per square foot (PSF) of RM 46.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 110K, with most transactions falling within a stable range of RM 45K to RM 175K, and a typical market range of RM 58K to RM 163K.
Most transactions involved 1 - 1 1/2 storey semi-detached, with minimal variety in property types.
Price per square foot shows a median of RM 46, though individual units vary from RM 34 to RM 58 in the core range. The broader market spans RM 34.50 to RM 57.50, indicating diverse property characteristics. A wider spread (IQR: RM 23.00) and deviation (MAD: RM 12) indicate significant PSF variations, likely due to diverse property types or conditions.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.