TAMAN UTAMA

Area Intelligence

2022

Median Price

RM 368,000

PSF: RM 153

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Residential PSF Trends

Median Price

RM 368,000

PSF: RM 153

TAMAN UTAMA in Kota Setar, Kedah recorded 3 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 279K to RM 368K, and a typical market range of RM 276K to RM 368K.

Most transactions involved 1 - 1 1/2 storey semi-detached, with high diversity across multiple property types.

For price per square foot, the median is RM 153, with most transactions between RM 144 and RM 162. The usual range is RM 121.00 to RM 185.00, showing that most units are priced quite close to each other. With an IQR of RM 64.00 and MAD of RM 9, 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.

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TAMAN UTAMA, Kota Setar, Kedah

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