TMN CENGKIH (RAMAI JAYA)

TMN 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 190.

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 215K to RM 290K.

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

Price per square foot shows a median of RM 190, though individual units vary from RM 139 to RM 241 in the core range. The broader market spans RM 157.50 to RM 222.50, indicating diverse property characteristics. A wider spread (IQR: RM 65.00) and deviation (MAD: RM 51) 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.