TAMAN PELANGI (P.KUNDOR) in Kota Setar, Kedah recorded 10 subsale transactions in 2022, with a median price of RM 275K and a median price per square foot (PSF) of RM 219.
This area contains both residential and commercial properties. View 23 residential properties or 1 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 275K, with most transactions falling within a stable range of RM 245K to RM 305K, and a typical market range of RM 200K to RM 350K.
Most transactions involved low-cost house, with high diversity across multiple property types.
For price per square foot, the median is RM 219, with most transactions between RM 205 and RM 233. The usual range is RM 202.25 to RM 234.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 32.50 and an average deviation (MAD) of RM 14 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.
