(75C) LORONG MERPATI in Kota Setar, Kedah recorded 1 subsale transactions in 2023, with a median price of RM 530K and a median price per square foot (PSF) of RM 379.
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 530K, with most transactions falling within a stable range of RM 450K to RM 610K, and a typical market range of RM 490K to RM 570K.
Most transactions involved 2 - 2 1/2 storey shop, with moderate diversity in property types available.
The median PSF stands at RM 379, with core pricing between RM 322 and RM 437. Market pricing typically extends from RM 350.25 to RM 407.75, reflecting moderate variation in unit pricing. The spread of RM 57.50 (IQR) and deviation of RM 58 (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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.
