| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Jingga 1/4
|
RM 550,000
|
RM 244
|
2,250 sqft
|
|
|
|
Jalan Putra
|
RM 580,000
|
RM 258
|
2,250 sqft
|
|
|
Jalan Kuning 5
|
RM 760,000
|
RM 257
|
2,960 sqft
|
|
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Market Snapshot
ResidentialRM 580,000
RM 257 psfMedian transaction price
TAMAN RAKYAT ( FASA 5 ), Taman Rakyat, Bandar Alor Setar, Kota Setar, Kedah, Malaysia
Taman Rakyat ( Fasa 5 ) in Kota Setar, Kedah recorded 3 subsale transactions in 2022, with a median price of RM 580K and a median price per square foot (PSF) of RM 257.
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 580K, with most transactions falling within a stable range of RM 550K to RM 673K, and a typical market range of RM 550K to RM 630K.
Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.
For price per square foot, the median is RM 257, with most transactions between RM 251 and RM 263. The usual range is RM 219.75 to RM 293.75, showing that most units are priced quite close to each other. With an IQR of RM 74.00 and MAD of RM 6, 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.