KUALA KETIL COMMERCIAL CENTRE

KUALA KETIL COMMERCIAL CENTRE in Baling, Kedah recorded 2 subsale transactions in 2022, with a median price of RM 984K and a median price per square foot (PSF) of RM 460.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 984K, with most transactions falling within a stable range of RM 640K to RM 1.33 million, and a typical market range of RM 726K to RM 1.24 million.

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

For price per square foot, the median is RM 460, with most transactions between RM 457 and RM 462. The usual range is RM 457.63 to RM 461.38, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 3.75 and an average deviation (MAD) of RM 3 indicate a highly stable PSF trend across properties.

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.