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TAMAN SRI MERPATI, Bandar Alor Setar, 06600, Kota Setar, Kedah, Malaysia
Taman Sri Merpati in Kota Setar, Kedah recorded 0 subsale transactions in 2021, with a median price of RM 220K and a median price per square foot (PSF) of RM 146.
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 220K, with most transactions falling within a stable range of RM 160K to RM 280K, and a typical market range of RM 185K to RM 255K.
Most transactions involved low-cost house, though some variety exists in the market.
Price per square foot shows a median of RM 146, though individual units vary from RM 106 to RM 186 in the core range. The broader market spans RM 122.50 to RM 169.50, indicating diverse property characteristics. A wider spread (IQR: RM 47.00) and deviation (MAD: RM 40) 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.