BANDAR BARU MERGONG (STAR CITY)

Area Intelligence
2022
Median Price
RM 602,500
PSF: RM 315

Residential PSF Trends

Median Price

RM 525,000

PSF: RM 260

Commercial PSF Trends

Median Price

RM 602,500

RM 315 PSF

BANDAR BARU MERGONG (STAR CITY) in Kota Setar, Kedah recorded 4 subsale transactions in 2022, with a median price of RM 603K 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 603K, with most transactions falling within a stable range of RM 540K to RM 829K, and a typical market range of RM 540K to RM 696K.

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 148 to RM 481 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 166) 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. 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

4 transactions grouped by size

1,600 sqft
3-Storey Shop
RM 1,100,000
JALAN TENGKU ABDUL RAHMAN
1,604 sqft · RM 686 PSF
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

No Properties For Sale

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

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