|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2022 | |||||
|
Lorong Utama
|
RM 368,000
|
RM 153
|
2,400 sqft
|
|
Semi-D |
|
Lorong Utama
|
RM 368,000
|
RM 153
|
2,400 sqft
|
|
Semi-D |
|
Lorong Utama 1/1
|
RM 180,000
|
RM 172
|
1,044 sqft
|
|
LC House |
|
Lorong Utama
|
RM 415,000
|
RM 130
|
3,186 sqft
|
|
Semi-D |
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Market Snapshot
ResidentialRM 368,000
RM 153 psfMedian transaction price
Taman Utama, Kota Setar, Kedah
Taman Utama in Kota Setar, Kedah recorded 4 subsale transactions in 2022, with a median price of RM 368K and a median price per square foot (PSF) of RM 153.
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 368K, with most transactions falling within a stable range of RM 278K to RM 415K, and a typical market range of RM 286K to RM 415K.
Most transactions involved low-cost house, with high diversity across multiple property types.
For price per square foot, the median is RM 153, with most transactions between RM 138 and RM 168. The usual range is RM 123.31 to RM 183.31, showing that most units are priced quite close to each other. With an IQR of RM 60.00 and MAD of RM 15, 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.