MEDAN PUTRA

Area Intelligence
2022
Median Price
RM 720,000
PSF: RM 167

Commercial PSF Trends

Median Price

RM 720,000

RM 167 PSF

MEDAN PUTRA in Kota Setar, Kedah recorded 4 subsale transactions in 2022, with a median price of RM 720K and a median price per square foot (PSF) of RM 167.

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 720K, with most transactions falling within a stable range of RM 690K to RM 750K, and a typical market range of RM 705K to RM 735K.

Most transactions involved 3 - 3 1/2 storey shop, with minimal variety in property types.

The median PSF stands at RM 167, with core pricing between RM 147 and RM 187. Market pricing typically extends from RM 156.81 to RM 176.81, reflecting moderate variation in unit pricing. With an IQR of RM 20.00 and MAD of RM 20, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

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MEDAN PUTRA, Kota Setar, Kedah

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