BANDAR BARU MERGONG (STAR CITY)

BANDAR BARU MERGONG (STAR CITY) in Kota Setar, Kedah recorded 7 subsale transactions in 2022, with a median price of RM 615K and a median price per square foot (PSF) of RM 321.

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 615K, with most transactions falling within a stable range of RM 500K to RM 1.16 million, and a typical market range of RM 521K to RM 709K.

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 321, though individual units vary from RM 93 to RM 549 in the core range. The broader market spans RM 280.25 to RM 361.75, indicating diverse property characteristics. A wider spread (IQR: RM 81.50) and deviation (MAD: RM 228) 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.