Kedah
Kota Setar
Bandar Simpang Empat
TAMAN SIMPANG JAYA

TAMAN SIMPANG JAYA

Area Intelligence

2022

Median Price

RM 240,000

PSF: RM 155

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Residential PSF Trends

Median Price

RM 220,000

PSF: RM 151

Commercial PSF Trends

Median Price

RM 550,000

RM 393 PSF

TAMAN SIMPANG JAYA in Kota Setar, Kedah recorded 5 subsale transactions in 2022, with a median price of RM 240K and a median price per square foot (PSF) of RM 155.

This area contains both residential and commercial properties. View 14 residential properties or 1 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 240K, with most transactions falling within a stable range of RM 300K to RM 365K, and a typical market range of RM 300K to RM 273K.

Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.

Price per square foot shows a median of RM 155, though individual units vary from RM 36 to RM 274 in the core range. The broader market spans RM 144.50 to RM 165.50, indicating diverse property characteristics. A wider spread (IQR: RM 21.00) and deviation (MAD: RM 119) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN SIMPANG JAYA, Kota Setar, Kedah

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