TAMAN PELANGI (P.TERAP)

TAMAN PELANGI (P.TERAP) in Padang Terap, Kedah recorded 2 subsale transactions in 2022, with a median price of RM 145K and a median price per square foot (PSF) of RM 97.

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 145K, with most transactions falling within a stable range of RM 120K to RM 170K, and a typical market range of RM 133K to RM 157K.

Most transactions involved low-cost house, with minimal variety in property types.

The median PSF stands at RM 97, with core pricing between RM 80 and RM 113. Market pricing typically extends from RM 88.50 to RM 104.50, reflecting moderate variation in unit pricing. The spread of RM 16.00 (IQR) and deviation of RM 17 (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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.