TMN MERGONG JAYA FASA 1

1 properties

2024

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Median Price

RM 763,000

PSF: RM 639

Commercial Market

Median Price

RM 763,000

IQR: RM 77

MAD: RM 77

RM 639 PSF 14.8%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

Low-Cost House

16 properties

Median Price

RM 222,500

+11.9% CAGR

Median PSF

RM 195.50

+8.7% CAGR

Single Storey Terraced

9 properties

Median Price

RM 237,500

+3.3% CAGR

Median PSF

RM 198.50

+2.0% CAGR

Double Storey Shop

2 properties

Median Price

RM 671,500

+14.7% CAGR

Median PSF

RM 562.00

+14.8% CAGR

Property Type	Properties	Median Price	Price CAGR	Median PSF	PSF CAGR
Low-Cost House	16	RM 222,500 ±23K MAD	+11.87%	RM 195.50 ±14 MAD	+8.74%
Single Storey Terraced	9	RM 237,500 ±11K MAD	+3.34%	RM 198.50 ±6 MAD	+1.98%
Double Storey Shop	2	RM 671,500 ±92K MAD	+14.70%	RM 562.00 ±77 MAD	+14.78%

TMN MERGONG JAYA FASA 1 in Kota Setar, Kedah recorded 1 subsale transactions in 2024, with a median price of RM 763K and a median price per square foot (PSF) of RM 639.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

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

For price per square foot, the median is RM 639, with most transactions between RM 639 and RM 639. The usual range is RM 600.50 to RM 677.50, showing that most units are priced quite close to each other. With an IQR of RM 77.00 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.

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.