| Road | Price | PSF | Size | Date | Type |
|---|
|
Taman Teratai Jingga Iii
|
RM 810,000
|
RM 316
|
2,562 sqft
|
|
|
Jalan Teratai 3
|
RM 1,338,000
|
RM 354
|
3,778 sqft
|
|
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TAMAN TERATAI JINGGA, Simpang Kuala, Bandar Alor Setar, 05050, Kota Setar, Kedah, Malaysia
Taman Teratai Jingga in Kota Setar, Kedah recorded 2 subsale transactions in 2022, with a median price of RM 1.07 million and a median price per square foot (PSF) of RM 335.
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 1.07 million, with most transactions falling within a stable range of RM 810K to RM 1.34 million, and a typical market range of RM 902K to RM 1.25 million.
Most transactions involved 2 - 2 1/2 storey semi-detached, with minimal variety in property types.
For price per square foot, the median is RM 335, with most transactions between RM 316 and RM 354. The usual range is RM 290.91 to RM 379.41, showing that most units are priced quite close to each other. With an IQR of RM 88.50 and MAD of RM 19, 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.