Area Intelligence

TMN MERGONG JAYA (FASA 2)

7 properties
2024
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Median Price
RM 280,000
PSF: RM 219

Residential Market

Median Price

RM 280,000

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 7 subsale transactions in 2024, with a median price of RM 280K 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 280K, with most transactions falling within a stable range of RM 240K to RM 320K, and a typical market range of RM 253K to RM 307K.

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

Price per square foot shows a median of RM 219, though individual units vary from RM 172 to RM 266 in the core range. The broader market spans RM 198.75 to RM 239.25, indicating diverse property characteristics. The spread of RM 40.50 (IQR) and deviation of RM 47 (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

7 properties grouped by size

1,100 sqft
2 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
1,200 sqft
1 units Low-Cost House
RM 295,000
OFF JLN LENCONGAN BARAT
1,216 sqft · RM 243.00 PSF
Sep 2024
1,300 sqft
3 units Single Storey Terraced
RM 300,000
LRG SARI 8
1,302 sqft · RM 230.00 PSF
May 2024
RM 250,000
LOR SARI 7
1,302 sqft · RM 192.00 PSF
Apr 2024
RM 200,000
LORONG SARI 6
1,302 sqft · RM 154.00 PSF
Feb 2024
2,850 sqft
1 units Single Storey Terraced
RM 330,000
JLN LENCONG BARAT
2,868 sqft · RM 115.00 PSF
Jun 2024