TMN WIRA (RPA MERGONG)

TMN WIRA (RPA MERGONG) in Kota Setar, Kedah recorded 66 subsale transactions in 2022, with a median price of RM 40K and a median price per square foot (PSF) of RM 38.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved low-cost house, with minimal variety in property types.

Price per square foot shows a median of RM 38, though individual units vary from RM 0 to RM 85 in the core range. The broader market spans RM 37.00 to RM 39.00, indicating diverse property characteristics. A wider spread (IQR: RM 2.00) and deviation (MAD: RM 47) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Moderate transaction volume may require patience when buying or selling.