TAMAN PELANGI (PUMPONG)

TAMAN PELANGI (PUMPONG) in Kota Setar, Kedah recorded 2 subsale transactions in 2023, with a median price of RM 417K and a median price per square foot (PSF) of RM 254.

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

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 417K, with most transactions falling within a stable range of RM 410K to RM 423K, and a typical market range of RM 412K to RM 421K.

Most transactions involved 2 - 2 1/2 storey shop, though some variety exists in the market.

For price per square foot, the median is RM 254, with most transactions between RM 247 and RM 261. The usual range is RM 187.88 to RM 319.13, showing that most units are priced quite close to each other. With an IQR of RM 131.25 and MAD of RM 7, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.