| Road | Price | PSF | Size | Date | Type |
|---|
|
Lorong Pelangi 2
|
RM 240,000
|
RM 219
|
1,098 sqft
|
|
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Market Snapshot
ResidentialRM 240,000
RM 219 psfMedian transaction price
Taman Pelangi (P.kundor) in Kota Setar, Kedah recorded 1 subsale transactions in 2021, with a median price of RM 240K and a median price per square foot (PSF) of RM 219.
This area contains both residential and commercial properties. View 26 residential properties or 1 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat.
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 219 and RM 219. The usual range is RM 196.73 to RM 240.48, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 43.75 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.