| Road | Price | PSF | Size | Date | Type |
|---|
|
Lorong Cengkih 2
|
RM 610,000
|
RM 550
|
1,109 sqft
|
|
|
|
Jalan Cengkih 2/1
|
RM 380,000
|
RM 343
|
1,109 sqft
|
|
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Market Snapshot
ResidentialRM 495,000
RM 446 psfMedian transaction price
Taman Cengkih (Ramai Jaya) in Kota Setar, Kedah recorded 2 subsale transactions in 2024, with a median price of RM 495K and a median price per square foot (PSF) of RM 446.
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 495K, with most transactions falling within a stable range of RM 380K to RM 610K, and a typical market range of RM 469K to RM 522K.
Most transactions involved low-cost house, with minimal variety in property types.
Price per square foot shows a median of RM 446, though individual units vary from RM 343 to RM 550 in the core range. The broader market spans RM 422.23 to RM 470.73, indicating diverse property characteristics. The spread of RM 48.50 (IQR) and deviation of RM 104 (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.