TAMAN MUSTIKA

Area Intelligence

2023

Median Price

RM 438,000

PSF: RM 230

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Residential PSF Trends

Median Price

RM 438,000

PSF: RM 230

TAMAN MUSTIKA in Kota Setar, Kedah recorded 5 subsale transactions in 2023, with a median price of RM 438K and a median price per square foot (PSF) of RM 230.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 438K, with most transactions falling within a stable range of RM 428K to RM 200K, and a typical market range of RM 300K to RM 200K.

Most transactions involved low-cost house, with high diversity across multiple property types.

For price per square foot, the median is RM 230, with most transactions between RM 220 and RM 240. The usual range is RM 194.25 to RM 265.75, showing that most units are priced quite close to each other. With an IQR of RM 71.50 and MAD of RM 10, 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.

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TAMAN MUSTIKA, Kota Setar, Kedah

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