Kota Setar, Kedah · Leasehold · 5 transactions
Median Price
RM240K
RM175K – RM280K
Median PSF
RM240
RM197 – RM303
Transactions
5
2021-10 to 2024-05
Size Range
560 – 1055
sq.ft (built-up)
Data-driven insights for TMN MUHIBBAH ( ALOR MALAI )
Earliest PSF (2021)
RM303
Current PSF (2024)
RM197
Capital Gain
-35.2%
Total Return (est.)
-7.4% p.a.
| Capital appreciation (3 years) | -35.2% |
| Annualised capital return | -11.7% p.a. |
| Est. gross rental yield | 4.3% p.a. |
| Est. total return (capital + rental) | -7.4% p.a. |
| vs Fixed Deposit (3.5% p.a. x 3yr) | -32.8% |
*Based on earliest recorded transaction (2021). Actual launch price may differ. Rental yield estimated from Kedah district averages.
PSF Trend: Declining
PSF moved from RM303 (2021) to RM197 (2024)
Liquidity: Low
5 transactions over 3 years (~2/year)
31% below Kota Setar average
This project: RM240 PSF vs Kota Setar median: RM347 PSF
Est. Total Return: -7.4% p.a. (below FD)
Capital loss (-11.7% p.a.) + rental yield (~4.3% p.a.)
TMN MUHIBBAH ( ALOR MALAI ) delivers a modest estimated total return of -7.4% p.a. — comprising -11.7% capital depreciation and ~4.3% rental yield over 3 years. This underperforms fixed deposits (3.5% p.a.), suggesting limited investment appeal at current prices. PSF trades 31% below the Kota Setar average — potentially undervalued.
Investment return & market verdict
ROI since launch, unit mix, rental yield, area comparison
| Date | Type | Tenure | Size (sqft) | PSF | Price |
|---|---|---|---|---|---|
| May 2024 | 1 - 1 1/2 Storey Semi-Detached | Leasehold | 560 | RM197 | RM110K |
| Oct 2023 | 1 - 1 1/2 Storey Semi-Detached | Leasehold | 1,055 | RM166 | RM175K |
| Dec 2022 | 1 - 1 1/2 Storey Semi-Detached | Leasehold | 861 | RM325 | RM280K |
| Nov 2022 | 1 - 1 1/2 Storey Semi-Detached | Leasehold | 1,001 | RM240 | RM240K |
| Oct 2021 | 1 - 1 1/2 Storey Semi-Detached | Leasehold | 1,055 | RM303 | RM320K |
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
Instant access. No subscription.