Area Intelligence

TMN MERGONG INDAH(FASA 1)

3 properties
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Median Price
RM 200,000
PSF: RM 180

Residential Market

Median Price

RM 195,000

IQR: RM 5
MAD: RM 5
RM 185 PSF 5.6%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN MERGONG INDAH(FASA 1) in Kota Setar, Kedah recorded 3 subsale transactions between 2021 and 2025, with a median price of RM 200K and a median price per square foot (PSF) of RM 180.

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 200K, with most transactions falling within a stable range of RM 190K to RM 210K, and a typical market range of RM 190K to RM 250K.

Most transactions involved low-cost house, though some variety exists in the market.

For price per square foot, the median is RM 180, with most transactions between RM 170 and RM 190. The usual range is RM 168.50 to RM 191.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 23.00 and an average deviation (MAD) of RM 10 indicate a highly stable PSF trend across properties.

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.

Area Location

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TMN MERGONG INDAH(FASA 1), Kota Setar, Kedah

OSM

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Transactions

3 properties grouped by size

1,050 sqft
2 units Low-Cost House
RM 200,000
LORONG BAWAL 1/1
1,055 sqft · RM 190.00 PSF
Aug 2022
RM 190,000
LRG BAWAL 1/1
1,055 sqft · RM 180.00 PSF
Nov 2021
2,700 sqft
1 units Single Storey Semi-D
RM 390,000
JLN SULTANAH SAMBUNGAN
2,702 sqft · RM 144.00 PSF
Feb 2022