| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Bukit Pinang
|
RM 220,000
|
RM 157
|
1,399 sqft
|
|
|
Jalan Kepala Batas/Bukit Pinang
|
RM 294,000
|
RM 147
|
1,995 sqft
|
|
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Market Snapshot
ResidentialRM 257,000
RM 152 psfMedian transaction price
Taman Pinang Merah / Pinang Indah, Kota Setar, Kedah
Taman Pinang Merah / Pinang Indah in Kota Setar, Kedah recorded 2 subsale transactions in 2021, with a median price of RM 257K and a median price per square foot (PSF) of RM 152.
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 257K, with most transactions falling within a stable range of RM 220K to RM 294K, and a typical market range of RM 240K to RM 274K.
Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.
For price per square foot, the median is RM 152, with most transactions between RM 147 and RM 157. The usual range is RM 130.94 to RM 173.69, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 42.75 and an average deviation (MAD) of RM 5 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. 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.