Taman Rakyat (Fasa 2)

Taman Rakyat, Bandar Alor Setar, 05150, Kota Setar, Kedah, Malaysia

Property Transactions

2 subsales found

Price Size
Period
transactions middle 50% (P25–P75)
RM610,000
Off Jalan Lencong Barat
2,250 sqft RM271 PSF
RM280,000
Lorong Putih 1/2
1,539 sqft RM182 PSF
Legend Recent Highest Price Highest PSF

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TAMAN RAKYAT (FASA 2), Taman Rakyat, Bandar Alor Setar, 05150, Kota Setar, Kedah, Malaysia

Taman Rakyat (Fasa 2) in Kota Setar, Kedah recorded 2 subsale transactions in 2023, with a median price of RM445K and a median price per square foot (PSF) of RM227.

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 RM445K, with most transactions falling within a stable range of RM280K to RM610K, and a typical market range of RM363K to RM528K.

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

The median PSF stands at RM227, with core pricing between RM182 and RM271. Market pricing typically extends from RM179.53 to RM273.53, reflecting moderate variation in unit pricing. The spread of RM94.00 (IQR) and deviation of RM45 (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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.