TMN MERGONG JAYA (FASA 1)

TMN MERGONG JAYA (FASA 1) in Kota Setar, Kedah recorded 7 subsale transactions in 2022, with a median price of RM 205K and a median price per square foot (PSF) of RM 182.

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 205K, with most transactions falling within a stable range of RM 200K to RM 223K, and a typical market range of RM 200K to RM 230K.

Most transactions involved low-cost house, though some variety exists in the market.

The median PSF stands at RM 182, with core pricing between RM 154 and RM 210. Market pricing typically extends from RM 164.00 to RM 200.00, reflecting moderate variation in unit pricing. The spread of RM 36.00 (IQR) and deviation of RM 28 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.