|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2024 | |||||
|
Jalan Tengku Abdul Rahman
|
RM 650,000
|
RM 203
|
3,197 sqft
|
|
2-Sty Shop |
| 2022 | |||||
|
Jalan Tengku Abdul Rahman
|
RM 615,000
|
RM 192
|
3,197 sqft
|
|
2-Sty Shop |
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Market Snapshot
CommercialRM 632,500
RM 198 psfMedian transaction price
Bandar Baru Mergong (Star City) in Kota Setar, Kedah recorded 2 subsale transactions between 2021 and 2026, sized between 3,175 and 3,224 sqft, with a median price of RM 633K and a median price per square foot (PSF) of RM 198.
This area contains both residential and commercial properties. View 5 residential properties or 23 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 633K, with most transactions falling within a stable range of RM 615K to RM 650K, and a typical market range of RM 615K to RM 650K.
Most transactions involved 2 - 2 1/2 storey shop, with moderate diversity in property types available.
For price per square foot, the median is RM 198, with most transactions between RM 192 and RM 203. The usual range is RM 157.98 to RM 237.73, showing that most units are priced quite close to each other. With an IQR of RM 79.75 and MAD of RM 5, the PSF demonstrates reasonable consistency across the market.
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.