Area Intelligence

TMN SIMPANG PERDANA 2

2 properties
2021
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Median Price
RM 337,000
PSF: RM 125

Residential Market

Median Price

RM 337,000

IQR: RM 63
MAD: RM 53
RM 125 PSF 36.5%

PSF Trends (2021-2025)

TMN SIMPANG PERDANA 2 in Kota Setar, Kedah recorded 2 subsale transactions in 2021, with a median price of RM 337K and a median price per square foot (PSF) of RM 125.

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 337K, with most transactions falling within a stable range of RM 226K to RM 448K, and a typical market range of RM 226K to RM 448K.

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

The median PSF stands at RM 125, with core pricing between RM 103 and RM 147. Market pricing typically extends from RM 93.75 to RM 156.25, reflecting moderate variation in unit pricing. The spread of RM 62.50 (IQR) and deviation of RM 22 (MAD) suggest moderate price variations reflecting different property features.

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. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN SIMPANG PERDANA 2, Kota Setar, Kedah

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Transactions

2 properties grouped by size

2,200 sqft
1 units Low-Cost House
RM 226,000
JALAN LADA 17
2,185 sqft · RM 103.00 PSF
Jun 2021
3,050 sqft
1 units Single Storey Semi-D
RM 448,000
JALAN KETUMBAR
3,057 sqft · RM 147.00 PSF
Dec 2021