LRG MERPATI

LRG MERPATI in Kota Setar, Kedah recorded 2 subsale transactions in 2023, with a median price of RM 493K and a median price per square foot (PSF) of RM 167.

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 493K, with most transactions falling within a stable range of RM 235K to RM 750K, and a typical market range of RM 487K to RM 499K.

Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.

Price per square foot shows a median of RM 167, though individual units vary from RM 129 to RM 204 in the core range. The broader market spans RM 163.00 to RM 170.00, indicating diverse property characteristics. The spread of RM 7.00 (IQR) and deviation of RM 38 (MAD) suggest moderate price variations reflecting different property features.

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.