Area Intelligence

TMN MERGONG JAYA (FASA 3)

4 properties
2024
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Median Price
RM 350,000
PSF: RM 232

Residential Market

Median Price

RM 350,000

IQR: RM 32
MAD: RM 14
RM 232 PSF 10.4%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN MERGONG JAYA (FASA 3) in Kota Setar, Kedah recorded 4 subsale transactions in 2024, with a median price of RM 350K and a median price per square foot (PSF) of RM 232.

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 350K, with most transactions falling within a stable range of RM 330K to RM 405K, and a typical market range of RM 330K to RM 372K.

Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.

Price per square foot shows a median of RM 232, though individual units vary from RM 184 to RM 280 in the core range. The broader market spans RM 206.75 to RM 257.25, indicating diverse property characteristics. The spread of RM 50.50 (IQR) and deviation of RM 48 (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. 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 3), Kota Setar, Kedah

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Transactions

4 properties grouped by size

1,200 sqft
1 units Single Storey Terraced
RM 350,000
JLN KEBAYA 1
1,195 sqft · RM 293.00 PSF
Oct 2024
1,400 sqft
1 units Single Storey Terraced
RM 350,000
OFF JALAN ALOR SETAR - KUALA SUNGAI
1,399 sqft · RM 250.00 PSF
May 2024
1,550 sqft
1 units Single Storey Terraced
RM 330,000
JALAN ALOR SETAR - KUALA SUNGAI
1,539 sqft · RM 214.00 PSF
Apr 2024
2,900 sqft
1 units Single Storey Semi-D
RM 468,000
FASA 3
2,885 sqft · RM 162.00 PSF
Feb 2024