| Road | Price | PSF | Size | Date | Type |
|---|
|
Lorong Perak 22
|
RM 450,000
|
RM 159
|
2,831 sqft
|
|
|
|
Lor Perak 22
|
RM 450,000
|
RM 159
|
2,831 sqft
|
|
|
|
Lor Perak 22
|
RM 500,000
|
RM 177
|
2,831 sqft
|
|
|
Lorong Perak 12
|
RM 1,050,000
|
RM 99
|
10,646 sqft
|
|
|
Lorong Emas 3
|
RM 3,200,000
|
RM 131
|
24,492 sqft
|
|
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Kawasan Perusahaan Mergong, Kota Setar, Kedah
Kawasan Perusahaan Mergong in Kota Setar, Kedah recorded 5 subsale transactions in 2022, with a median price of RM 500K and a median price per square foot (PSF) of RM 159.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 500K, with most transactions falling within a stable range of RM 450K to RM 1.56 million, and a typical market range of RM 450K to RM 731K.
Most transactions involved terraced factory/warehouse, with moderate diversity in property types available.
The median PSF stands at RM 159, with core pricing between RM 132 and RM 186. Market pricing typically extends from RM 120.46 to RM 197.46, reflecting moderate variation in unit pricing. The spread of RM 77.00 (IQR) and deviation of RM 27 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.