| Road | Price | PSF | Size | Date | Type |
|---|
|
Lorong Timur 5
|
RM 500,000
|
RM 84
|
5,974 sqft
|
|
|
Jalan Timur 4
|
RM 750,000
|
RM 125
|
5,996 sqft
|
|
|
Jalan Tunku Abd Rahman
|
RM 1,850,000
|
RM 153
|
12,109 sqft
|
|
|
Off Lebuhraya Sultanah Sambunga
|
RM 1,315,000
|
RM 104
|
12,691 sqft
|
|
|
Jalan Timor 4
|
RM 1,450,000
|
RM 95
|
15,199 sqft
|
|
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MERGONG BARRAGE, Mergong, Bandar Alor Setar, 05050, Kota Setar, Kedah, Malaysia
Mergong Barrage in Kota Setar, Kedah recorded 5 subsale transactions between 2021 and 2026, with a median price of RM 1.32 million and a median price per square foot (PSF) of RM 104.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 1.32 million, with most transactions falling within a stable range of RM 780K to RM 1.85 million, and a typical market range of RM 965K to RM 1.67 million.
Most transactions involved detached factory/warehouse, with minimal variety in property types.
The median PSF stands at RM 104, with core pricing between RM 84 and RM 124. Market pricing typically extends from RM 88.62 to RM 118.62, reflecting moderate variation in unit pricing. The spread of RM 30.00 (IQR) and deviation of RM 20 (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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.