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Market Snapshot
ResidentialRM 292,500
RM 185 psfMedian transaction price
TAMAN RAKYAT (FASA 1), Taman Rakyat, Bandar Alor Setar, 05150, Kota Setar, Kedah, Malaysia
Taman Rakyat (Fasa 1) in Kota Setar, Kedah recorded 0 subsale transactions in 2021, with a median price of RM 293K and a median price per square foot (PSF) of RM 185.
This area contains both residential and commercial properties. View 14 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 293K, with most transactions falling within a stable range of RM 220K to RM 365K, and a typical market range of RM 237K to RM 348K.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
Price per square foot shows a median of RM 185, though individual units vary from RM 142 to RM 229 in the core range. The broader market spans RM 145.75 to RM 224.25, indicating diverse property characteristics. The spread of RM 78.50 (IQR) and deviation of RM 44 (MAD) suggest moderate price variations reflecting different property features.
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.