TAMAN SERI KENANGAN (RPA)

TAMAN SERI KENANGAN (RPA) in Padang Terap, Kedah recorded 2 subsale transactions in 2022, with a median price of RM 140K and a median price per square foot (PSF) of RM 102.

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 140K, with most transactions falling within a stable range of RM 80K to RM 200K, and a typical market range of RM 93K to RM 187K.

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

The median PSF stands at RM 102, with core pricing between RM 86 and RM 118. Market pricing typically extends from RM 63.00 to RM 141.00, reflecting moderate variation in unit pricing. The spread of RM 78.00 (IQR) and deviation of RM 16 (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.