TAMAN TERATAI (HUTAN KAMPUNG) in Kota Setar, Kedah recorded 7 subsale transactions in 2023, with a median price of RM 190K and a median price per square foot (PSF) of RM 171.
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 190K, with most transactions falling within a stable range of RM 165K to RM 215K, and a typical market range of RM 163K to RM 217K.
Most transactions involved low-cost house, with minimal variety in property types.
For price per square foot, the median is RM 171, with most transactions between RM 156 and RM 186. The usual range is RM 155.88 to RM 186.13, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 30.25 and an average deviation (MAD) of RM 15 indicate a highly stable PSF trend across properties.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.