BANDAR BARU MERGONG (STAR CITY)

BANDAR BARU MERGONG (STAR CITY) in Kota Setar, Kedah recorded 10 subsale transactions in 2022, with a median price of RM 618K and a median price per square foot (PSF) of RM 315.

This area contains both residential and commercial properties. View 4 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 618K, with most transactions falling within a stable range of RM 500K to RM 1.12 million, and a typical market range of RM 524K to RM 711K.

Most transactions involved 2 - 2 1/2 storey shop, with moderate diversity in property types available.

Price per square foot shows a median of RM 315, though individual units vary from RM 99 to RM 530 in the core range. The broader market spans RM 273.75 to RM 355.25, indicating diverse property characteristics. A wider spread (IQR: RM 81.50) and deviation (MAD: RM 215) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.