| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Sultanah
|
RM 175,000
|
RM 63
|
2,799 sqft
|
|
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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.
Most transactions involved 1 - 1 1/2 storey semi-detached, with minimal variety in property types.
For price per square foot, the median is RM 63, with most transactions between RM 63 and RM 63. The usual range is RM 51.03 to RM 74.03, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 23.00 and an average deviation (MAD) of RM 0 indicate a highly stable PSF trend across properties.
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.