Area Intelligence

TMN SIMPANG PERDANA 2

2 properties
2024
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Median Price
RM 987,000
PSF: RM 624

Residential Market

Median Price

RM 444,000

IQR: RM 63
MAD: RM 53
RM 154 PSF 36.5%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 1,530,000

RM 1,093 PSF

PSF Trends (2021-2025)

TMN SIMPANG PERDANA 2 in Kota Setar, Kedah recorded 2 subsale transactions in 2024, with a median price of RM 987K and a median price per square foot (PSF) of RM 624.

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 987K, with most transactions falling within a stable range of RM 444K to RM 1.53 million, and a typical market range of RM 842K to RM 1.13 million.

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

Price per square foot shows a median of RM 624, though individual units vary from RM 154 to RM 1,093 in the core range. The broader market spans RM 592.25 to RM 654.75, indicating diverse property characteristics. A wider spread (IQR: RM 62.50) and deviation (MAD: RM 470) 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. Some price volatility exists, making thorough market research essential before transacting. 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

1,400 sqft
1 units Double Storey Shop
RM 1,530,000
JLN LADA
1,399 sqft · RM 1,093.00 PSF
Feb 2024
2,900 sqft
1 units Single Storey Semi-D
RM 444,000
JALAN KETUMBAR
2,885 sqft · RM 154.00 PSF
Mar 2024