BANDAR BARU MERGONG (STAR CITY)

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 530K to RM 902K, 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.

Price per square foot shows a median of RM 348, though individual units vary from RM 179 to RM 517 in the core range. The broader market spans RM 307.25 to RM 388.75, indicating diverse property characteristics. A wider spread (IQR: RM 81.50) and deviation (MAD: RM 169) 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.