| Road | Price | PSF | Size | Date | Type |
|---|
|
Pekan Simpang Empat
|
RM 180,000
|
RM 162
|
1,109 sqft
|
|
|
Spg Empat
|
RM 350,000
|
RM 231
|
1,518 sqft
|
|
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Market Snapshot
ResidentialRM 265,000
RM 196 psfMedian transaction price
Taman Cengkih (Ramai Jaya) in Kota Setar, Kedah recorded 2 subsale transactions in 2023, with a median price of RM 265K and a median price per square foot (PSF) of RM 196.
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 265K, with most transactions falling within a stable range of RM 180K to RM 350K, and a typical market range of RM 239K to RM 292K.
Most transactions involved low-cost house, with minimal variety in property types.
The median PSF stands at RM 196, with core pricing between RM 162 and RM 231. Market pricing typically extends from RM 172.23 to RM 220.73, reflecting moderate variation in unit pricing. The spread of RM 48.50 (IQR) and deviation of RM 34 (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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.