TAMAN SERINDIT(MERCU JAYA)

TAMAN SERINDIT(MERCU JAYA) in Kota Setar, Kedah recorded 5 subsale transactions in 2022, with a median price of RM 200K and a median price per square foot (PSF) of RM 192.

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 200K, with most transactions falling within a stable range of RM 165K to RM 235K, and a typical market range of RM 167K to RM 233K.

Most transactions involved low-cost house, with moderate diversity in property types available.

For price per square foot, the median is RM 192, with most transactions between RM 183 and RM 201. The usual range is RM 161.88 to RM 222.13, showing that most units are priced quite close to each other. With an IQR of RM 60.25 and MAD of RM 9, the PSF demonstrates reasonable consistency across the market.

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.