TMN MERGONG JAYA (FASA 1)

TMN MERGONG JAYA (FASA 1) in Kota Setar, Kedah recorded 9 subsale transactions in 2023, with a median price of RM 220K and a median price per square foot (PSF) of RM 184.

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 220K, with most transactions falling within a stable range of RM 195K to RM 245K, and a typical market range of RM 195K to RM 245K.

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

The median PSF stands at RM 184, with core pricing between RM 163 and RM 205. Market pricing typically extends from RM 166.00 to RM 202.00, reflecting moderate variation in unit pricing. With an IQR of RM 36.00 and MAD of RM 21, the PSF demonstrates reasonable consistency across the market.

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.