BANDAR BARU MERGONG (STAR CITY) in Kota Setar, Kedah recorded 6 subsale transactions in 2023, with a median price of RM 665K and a median price per square foot (PSF) of RM 348.
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 665K, with most transactions falling within a stable range of RM 565K to RM 765K, and a typical market range of RM 571K to RM 759K.
Most transactions involved 2 - 2 1/2 storey shop, with moderate diversity in property types available.
The median PSF stands at RM 348, with core pricing between RM 296 and RM 400. Market pricing typically extends from RM 307.25 to RM 388.75, reflecting moderate variation in unit pricing. With an IQR of RM 81.50 and MAD of RM 52, 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.
