The Somerset

Kedah, Kuala Muda, Bandar Sungai Petani

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The Somerset, Kuala Muda, Kedah

The Somerset in Kuala Muda, Kedah recorded 0 subsale transactions in 2023, with a median price of RM1.73 million and a median price per square foot (PSF) of RM192.

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 RM1.73 million, with most transactions falling within a stable range of RM1.20 million to RM2.27 million, and a typical market range of RM1.47 million to RM2.00 million.

Most transactions involved detached, with minimal variety in property types.

Price per square foot shows a median of RM192, though individual units vary from RM139 to RM244 in the core range. The broader market spans RM165.25 to RM217.75, indicating diverse property characteristics. A wider spread (IQR: RM52.50) and deviation (MAD: RM53) 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.