Area Intelligence

TMN MERGONG JAYA (FASA 1)

6 properties
2024
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Median Price
RM 272,500
PSF: RM 216

Residential Market

Median Price

RM 272,500

IQR: RM 36
MAD: RM 15
RM 216 PSF 8.9%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN MERGONG JAYA (FASA 1) in Kota Setar, Kedah recorded 6 subsale transactions in 2024, with a median price of RM 273K and a median price per square foot (PSF) of RM 216.

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 273K, with most transactions falling within a stable range of RM 230K to RM 315K, and a typical market range of RM 248K to RM 298K.

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

The median PSF stands at RM 216, with core pricing between RM 194 and RM 238. Market pricing typically extends from RM 198.00 to RM 234.00, reflecting moderate variation in unit pricing. With an IQR of RM 36.00 and MAD of RM 22, 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.

Area Location

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

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Transactions

6 properties grouped by size

1,100 sqft
2 units Low-Cost House
RM 230,000
LORONG KEBAYA , MERGONG
1,098 sqft · RM 209.00 PSF
Jun 2024
RM 245,000
LORONG KEBAYA 2/1
1,100 sqft · RM 223.00 PSF
Jan 2024
1,200 sqft
1 units Single Storey Terraced
RM 310,000
LORONG KEBAYA 1
1,206 sqft · RM 257.00 PSF
Apr 2024
1,300 sqft
1 units Single Storey Terraced
RM 250,000
JALAN TUNKU ABD RAHMAN
1,302 sqft · RM 192.00 PSF
Jul 2024
1,500 sqft
1 units Low-Cost House
RM 295,000
LORONG KEBAYA 2/3
1,496 sqft · RM 197.00 PSF
Jul 2024
1,550 sqft
1 units Single Storey Terraced
RM 350,000
SUSURAN KEBAYA
1,539 sqft · RM 227.00 PSF
Oct 2024