| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Tokai
|
RM 119,000
|
RM 137
|
868 sqft
|
|
|
Jalan Tokai -Simpang Empat
|
RM 225,000
|
RM 234
|
960 sqft
|
|
|
Pekan Simpang Empat
|
RM 280,000
|
RM 253
|
1,109 sqft
|
|
|
Taman Cengkih Fasa 2
|
RM 350,000
|
RM 231
|
1,518 sqft
|
|
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Market Snapshot
ResidentialRM 252,500
RM 232 psfMedian transaction price
Taman Cengkih (Ramai Jaya) in Kota Setar, Kedah recorded 4 subsale transactions in 2022, with a median price of RM 253K and a median price per square foot (PSF) of RM 232.
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 253K, with most transactions falling within a stable range of RM 168K to RM 337K, and a typical market range of RM 226K to RM 279K.
Most transactions involved low-cost house, with minimal variety in property types.
The median PSF stands at RM 232, with core pricing between RM 188 and RM 277. Market pricing typically extends from RM 208.24 to RM 256.74, reflecting moderate variation in unit pricing. The spread of RM 48.50 (IQR) and deviation of RM 45 (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.