TMN CENGKIH (RAMAI JAYA) FASA 2

2 properties

2022

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Median Price

RM 242,500

PSF: RM 130

Residential Market

Median Price

RM 242,500

RM 130 PSF

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

Single Storey Terraced

2 properties

Median Price

RM 325,000

+17.0% CAGR

Median PSF

RM 196.50

+49.2% CAGR

Double Storey Terraced

2 properties

Median Price

RM 342,500

+91.5% CAGR

Median PSF

RM 182.00

+16.7% CAGR

Low-Cost House

1 properties

Median Price

RM 150,000

Median PSF

RM 156.00

Property Type	Properties	Median Price	Price CAGR	Median PSF	PSF CAGR
Single Storey Terraced	2	RM 325,000 ±75K MAD	+16.96%	RM 196.50 ±106 MAD	+49.16%
Double Storey Terraced	2	RM 342,500 ±108K MAD	+91.49%	RM 182.00 ±14 MAD	+16.67%
Low-Cost House	1	RM 150,000	-	RM 156.00	-

TMN CENGKIH (RAMAI JAYA) FASA 2 in Kota Setar, Kedah recorded 2 subsale transactions in 2022, with a median price of RM 243K and a median price per square foot (PSF) of RM 130.

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 130, though individual units vary from RM 91 to RM 168 in the core range. The broader market spans RM 129.50 to RM 129.50, indicating diverse property characteristics. A wider spread (IQR: RM 0.00) and deviation (MAD: RM 39) 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. 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.