Taman Mergong Jaya (Fasa 3) in Kota Setar, Kedah recorded 2 subsale transactions in 2022, with a median price of RM355K and a median price per square foot (PSF) of RM205.

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 RM355K, with most transactions falling within a stable range of RM320K to RM390K, and a typical market range of RM333K to RM377K.

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

The median PSF stands at RM205, with core pricing between RM164 and RM246. Market pricing typically extends from RM179.57 to RM230.07, reflecting moderate variation in unit pricing. The spread of RM50.50 (IQR) and deviation of RM41 (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.