TMN MERGONG JAYA (FASA 2)

TMN MERGONG JAYA (FASA 2) in Kota Setar, Kedah recorded 4 subsale transactions in 2022, with a median price of RM 250K and a median price per square foot (PSF) of RM 210.

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 250K, with most transactions falling within a stable range of RM 218K to RM 282K, and a typical market range of RM 223K to RM 277K.

Most transactions involved low-cost house, with moderate diversity in property types available.

For price per square foot, the median is RM 210, with most transactions between RM 191 and RM 229. The usual range is RM 189.75 to RM 230.25, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 40.50 and an average deviation (MAD) of RM 19 indicate a highly stable PSF trend across properties.

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.