Kedah
Kota Setar
Bandar Alor Setar
TAMAN RAKYAT (FASA 2)

TAMAN RAKYAT (FASA 2)

Area Intelligence

2023

Median Price

RM 445,000

PSF: RM 276

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Residential PSF Trends

Median Price

RM 445,000

PSF: RM 276

TAMAN RAKYAT (FASA 2) in Kota Setar, Kedah recorded 2 subsale transactions in 2023, with a median price of RM 445K and a median price per square foot (PSF) of RM 276.

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 445K, with most transactions falling within a stable range of RM 280K to RM 610K, and a typical market range of RM 363K to RM 528K.

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

Price per square foot shows a median of RM 276, though individual units vary from RM 182 to RM 370 in the core range. The broader market spans RM 229.00 to RM 323.00, indicating diverse property characteristics. A wider spread (IQR: RM 94.00) and deviation (MAD: RM 94) indicate significant PSF variations, likely due to diverse property types or conditions.

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 RAKYAT (FASA 2), Kota Setar, Kedah

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