TAMAN SIMPANG JAYA

Area Intelligence
5 subsale transactions
2022
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Median Price
RM 240,000
PSF: RM 155

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 13 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 170K to RM 376K, and a typical market range of RM 208K to RM 272K.

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 55 to RM 255 in the core range. The broader market spans RM 145.50 to RM 164.50, indicating diverse property characteristics. A wider spread (IQR: RM 19.00) and deviation (MAD: RM 100) 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

OSM

Transactions

5 transactions grouped by size

Price Range

Clear

Size Range (sqft)

Clear
1,350 sqft
Single Storey Terraced
RM 200,000
JALAN ALOR SETAR -SIMPANG EMPAT
1,367 sqft · RM 146.00 PSF
Jul 2022
1,400 sqft
Double Storey Shop
RM 550,000
JALAN ALOR SETAR - SIMPANG 4
1,399 sqft · RM 393.00 PSF
Dec 2022
1,450 sqft
Single Storey Terraced
RM 170,000
JALAN LADA 4
1,442 sqft · RM 118.00 PSF
Sep 2022
RM 240,000
JALAN LADA 5
1,432 sqft · RM 168.00 PSF
May 2022
1,950 sqft
Single Storey Terraced
RM 300,000
JALAN SIMPANG EMPAT - KOTA S/ SEMUT
1,938 sqft · RM 155.00 PSF
May 2022