LRG MERPATI
Kota Setar, Kedah · Freehold · 5 transactions
Median Price
RM235K
RM228K – RM240K
Median PSF
RM266
RM258 – RM272
Transactions
5
2022-08 to 2024-07
Size Range
883 – 2562
sq.ft (built-up)
Recorded Transactions
Median Price
Median PSF
Market Analysis
Data-driven insights for LRG MERPATI
Investment Return
Earliest PSF (2022)
RM258
Current PSF (2024)
RM272
Capital Gain
+5.3%
Total Return (est.)
6.9% p.a.
| Capital appreciation (2 years) | +5.3% |
| Annualised capital return | +2.6% p.a. |
| Est. gross rental yield | 4.3% p.a. |
| Est. total return (capital + rental) | 6.9% p.a. |
| vs Fixed Deposit (3.5% p.a. x 2yr) | +6.9% |
*Based on earliest recorded transaction (2022). Actual launch price may differ. Rental yield estimated from Kedah district averages.
Market Verdict
PSF Trend: Stable
PSF moved from RM258 (2022) to RM272 (2024)
Liquidity: Low
5 transactions over 2 years (~3/year)
23% below Kota Setar average
This project: RM266 PSF vs Kota Setar median: RM347 PSF
Est. Total Return: 6.9% p.a. (beats FD)
Capital gain (2.6% p.a.) + rental yield (~4.3% p.a.)
Verdict
LRG MERPATI delivers a strong estimated total return of 6.9% p.a. — comprising +2.6% capital appreciation and ~4.3% rental yield over 2 years. This outperforms fixed deposits (3.5% p.a.) when rental income is factored in. PSF trades 23% below the Kota Setar average — potentially undervalued. Best suited for long-term holders.
Investment return & market verdict
ROI since launch, unit mix, rental yield, area comparison
Transaction History
Showing 5 of 5| Date | Type | Tenure | Size (sqft) | PSF | Price |
|---|---|---|---|---|---|
| Jul 2024 | 1 - 1 1/2 Storey Terraced | Freehold | 883 | RM272 | RM240K |
| Oct 2023 | 1 - 1 1/2 Storey Terraced | Freehold | 883 | RM266 | RM235K |
| Apr 2023 | 2 - 2 1/2 Storey Semi-Detached | Freehold | 2,562 | RM293 | RM750K |
| Dec 2022 | 1 - 1 1/2 Storey Terraced | Freehold | 883 | RM170 | RM150K |
| Aug 2022 | 1 - 1 1/2 Storey Terraced | Freehold | 883 | RM258 | RM228K |
Full Report Includes
Complete NAPIC transaction data with trend analysis — RM69.90 per report
Investment ROI
Capital gain + rental yield since launch
Market verdict
Trend, liquidity, and area comparison
Unit mix breakdown
Price & PSF by unit size
All transactions
Full table of 5 records
3 interactive charts
Scatter, price & PSF vs Kota Setar & Kedah
Percentile breakdown
25th, 50th, 75th price & PSF
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