TAMAN MUHIBBAH ( ALOR MALAI ) in Kota Setar, Kedah recorded 1 subsale transactions in 2021, with a median price of RM 320K and a median price per square foot (PSF) of RM 75.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 320K, with most transactions falling within a stable range of RM 255K to RM 385K, and a typical market range of RM 268K to RM 373K.
Most transactions involved 1 - 1 1/2 storey semi-detached, with minimal variety in property types.
The median PSF stands at RM 75, with core pricing between RM 63 and RM 87. Market pricing typically extends from RM 63.50 to RM 86.50, 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.
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.