Area Intelligence

TMN MERGONG JAYA (FASA 2)

10 properties
Low-Cost House
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Median Price
RM 245,000
PSF: RM 219

Residential Market

Median Price

RM 245,000

IQR: RM 37
MAD: RM 23
RM 219 PSF 12.3%

PSF Trends (2021-2025)

TMN MERGONG JAYA (FASA 2) in Kota Setar, Kedah recorded 10 Low-Cost House properties subsale transactions between 2021 and 2025 for low-cost house properties, with a median price of RM 245K and a median price per square foot (PSF) of RM 219.

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 245K, with most transactions falling within a stable range of RM 216K to RM 274K, and a typical market range of RM 218K to RM 272K.

Within the Low-Cost House category, low-cost house dominated the market, with moderate diversity in property types available.

The median PSF stands at RM 219, with core pricing between RM 184 and RM 254. Market pricing typically extends from RM 198.75 to RM 239.25, reflecting moderate variation in unit pricing. The spread of RM 40.50 (IQR) and deviation of RM 35 (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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN MERGONG JAYA (FASA 2), Kota Setar, Kedah

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Transactions

10 properties grouped by size

1,100 sqft
6 units Low-Cost House
RM 280,000
JLN LENCONG BARAT
1,100 sqft · RM 255.00 PSF
Aug 2024
RM 240,000
LORONG SARI 5
1,098 sqft · RM 219.00 PSF
Jul 2024
RM 240,000
LORONG SARI 3
1,098 sqft · RM 219.00 PSF
Dec 2023
RM 230,000
JLN LENCONGAN BARAT
1,098 sqft · RM 209.00 PSF
Mar 2023
RM 210,000
LORONG SARI 6
1,098 sqft · RM 191.00 PSF
Oct 2022
RM 250,000
LORONG SARI 5
1,098 sqft · RM 228.00 PSF
Jul 2022
1,150 sqft
1 units Low-Cost House
RM 215,000
JLN SARI
1,163 sqft · RM 185.00 PSF
Jul 2021
1,200 sqft
2 units Low-Cost House
RM 295,000
OFF JLN LENCONGAN BARAT
1,216 sqft · RM 243.00 PSF
Sep 2024
RM 270,000
OFF JLN LENCONGAN BARAT
1,206 sqft · RM 224.00 PSF
Jun 2023
2,350 sqft
1 units Low-Cost House
RM 290,000
LORONG SARI
2,347 sqft · RM 124.00 PSF
Dec 2021