TMN CENGKIH (RAMAI JAYA)

TMN CENGKIH (RAMAI JAYA) in Kota Setar, Kedah recorded 2 subsale transactions in 2023, with a median price of RM 265K and a median price per square foot (PSF) of RM 256.

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 265K, with most transactions falling within a stable range of RM 180K to RM 350K, and a typical market range of RM 228K to RM 303K.

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

The median PSF stands at RM 256, with core pricing between RM 218 and RM 293. Market pricing typically extends from RM 223.00 to RM 288.00, reflecting moderate variation in unit pricing. With an IQR of RM 65.00 and MAD of RM 38, the PSF demonstrates reasonable consistency across the market.

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.