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 518K to RM 718K, 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.
The median PSF stands at RM 315, with core pricing between RM 263 and RM 367. Market pricing typically extends from RM 273.75 to RM 355.25, reflecting moderate variation in unit pricing. The spread of RM 81.50 (IQR) and deviation of RM 52 (MAD) suggest moderate price variations reflecting different property features.
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.
