TMN CENGKIH (RAMAI JAYA)

TMN CENGKIH (RAMAI JAYA) in Kota Setar, Kedah recorded 4 subsale transactions in 2022, with a median price of RM 253K and a median price per square foot (PSF) of RM 190.

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 253K, with most transactions falling within a stable range of RM 168K to RM 337K, and a typical market range of RM 226K to RM 279K.

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

Price per square foot shows a median of RM 190, though individual units vary from RM 139 to RM 241 in the core range. The broader market spans RM 165.75 to RM 214.25, indicating diverse property characteristics. A wider spread (IQR: RM 48.50) and deviation (MAD: RM 51) indicate significant PSF variations, likely due to diverse property types or conditions.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.