Taman Pelangi (P.terap)

Bandar Kuala Nerang, Padang Terap, Kedah, Malaysia

Property Transactions

2 subsales found

Median
RM145,000
PSF
RM97
Price Size
Period
transactions middle 50% (P25–P75)
RM120,000
Jalan Pelangi 3
1,500 sqft RM80 PSF
RM170,000
Jalan Pelangi
1,500 sqft RM113 PSF
Legend Recent Highest Price Highest PSF

Selling in Taman Pelangi (P.terap)? Homes here sold for a median of RM145,000.

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TAMAN PELANGI (P.TERAP), Bandar Kuala Nerang, Padang Terap, Kedah, Malaysia

Taman Pelangi (P.terap) in Padang Terap, Kedah recorded 2 subsale transactions in 2022, with a median price of RM145K and a median price per square foot (PSF) of RM97.

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 RM145K, with most transactions falling within a stable range of RM120K to RM170K, and a typical market range of RM133K to RM157K.

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

The median PSF stands at RM97, with core pricing between RM80 and RM113. Market pricing typically extends from RM88.67 to RM104.67, reflecting moderate variation in unit pricing. The spread of RM16.00 (IQR) and deviation of RM17 (MAD) suggest moderate price variations reflecting different property features.

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.