TMN MERGONG JAYA (FASA 2) Property Investment Analysis

TMN MERGONG JAYA (FASA 2) in Kota Setar, Kedah recorded 18 subsale transactions between 2021 and 2025, with a median price of RM 260K and a median price per square foot (PSF) of RM 212.

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 260K, with most transactions falling within a stable range of RM 230K to RM 290K, and a typical market range of RM 233K to RM 287K.

Most transactions involved low-cost house, with moderate diversity in property types available.

For price per square foot, the median is RM 212, with most transactions between RM 192 and RM 232. The usual range is RM 191.75 to RM 232.25, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 40.50 and an average deviation (MAD) of RM 20 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.