BANDAR BARU MERGONG (STAR CITY)

Area Intelligence
2022
Median Price
RM 617,500
PSF: RM 315

Residential PSF Trends

Median Price

RM 500,000

PSF: RM 190

Commercial PSF Trends

Median Price

RM 620,000

RM 321 PSF

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 575K to RM 620K, and a typical market range of RM 524K to RM 620K.

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 254 and RM 375. 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 60 (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.

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BANDAR BARU MERGONG (STAR CITY), Kota Setar, Kedah

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Transactions

6 transactions grouped by size

1,900 sqft
Double Storey Shop
RM 615,000
JALAN TENGKU ABDUL RAHMAN
1,916 sqft · RM 321 PSF
RM 590,000
JALAN KEBARUNG 1
1,916 sqft · RM 308 PSF
RM 540,000
JALAN KEBARUNG 1
1,916 sqft · RM 282 PSF
2,650 sqft
Double Storey Semi-D
RM 500,000
JALAN SARI
2,637 sqft · RM 190 PSF
3,250 sqft
Double Storey Shop
RM 620,000
JALAN TENGKU ABDUL RAHMAN
3,240 sqft · RM 191 PSF
3,300 sqft
Double Storey Shop
RM 575,000
JALAN LENCONG BARAT
3,283 sqft · RM 175 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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