TAMAN SRI MERGONG in Kota Setar, Kedah recorded 1 subsale transactions in 2024, with a median price of RM 250K and a median price per square foot (PSF) of RM 145.
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 250K, with most transactions falling within a stable range of RM 93K to RM 408K, and a typical market range of RM 171K to RM 329K.
Most transactions involved terraced factory/warehouse, with minimal variety in property types.
Price per square foot shows a median of RM 145, though individual units vary from RM 54 to RM 237 in the core range. The broader market spans RM 99.25 to RM 190.75, indicating diverse property characteristics. A wider spread (IQR: RM 91.50) and deviation (MAD: RM 92) 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.
