MERGONG BARRAGE Property Investment Analysis
PROPERTY TYPES OVERVIEW
2 - 2 1/2 Storey Terraced
33 properties
Median Price
RM 300,000
+7.0% CAGR
Median PSF
RM 223.00
+4.6% CAGR
1 - 1 1/2 Storey Terraced
20 properties
Median Price
RM 187,500
-1.2% CAGR
Median PSF
RM 150.00
+2.7% CAGR
Low-Cost House
10 properties
Median Price
RM 190,000
Median PSF
RM 210.00
3 - 3 1/2 Storey Shop
8 properties
Median Price
RM 877,500
+0.1% CAGR
Median PSF
RM 573.00
+0.2% CAGR
2 - 2 1/2 Storey Shop
3 properties
Median Price
RM 480,000
Median PSF
RM 308.00
2 - 2 1/2 Storey Semi-Detached
1 properties
Median Price
RM 490,000
Median PSF
RM 175.00
Detached
1 properties
Median Price
RM 1,100,000
Median PSF
RM 140.00
| Property Type | Properties | Transactions | Median Price | Price CAGR | Median PSF | PSF CAGR | |
|---|---|---|---|---|---|---|---|
| 2 - 2 1/2 Storey Terraced | 33 | 9,984,000 |
RM 300,000
±5K MAD
|
+7.01% |
RM 223.00
±7 MAD
|
+4.59% | |
| 1 - 1 1/2 Storey Terraced | 20 | 3,726,000 |
RM 187,500
±13K MAD
|
-1.21% |
RM 150.00
±7 MAD
|
+2.72% | |
| Low-Cost House | 10 | 1,988,000 |
RM 190,000
|
- |
RM 210.00
±1 MAD
|
- | |
| 3 - 3 1/2 Storey Shop | 8 | 6,588,000 |
RM 877,500
±25K MAD
|
+0.14% |
RM 573.00
±54 MAD
|
+0.16% | |
| 2 - 2 1/2 Storey Shop | 3 | 1,590,000 |
RM 480,000
|
- |
RM 308.00
|
- | |
| 2 - 2 1/2 Storey Semi-Detached | 1 | 490,000 |
RM 490,000
|
- |
RM 175.00
|
- | |
| Detached | 1 | 1,100,000 |
RM 1,100,000
|
- |
RM 140.00
|
- |
MERGONG BARRAGE in Kota Setar, Kedah recorded 5 subsale transactions between 2021 and 2025, 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 89.00 to RM 119.00, 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.
ADVANCED FILTERS
TRANSACTIONS
|
Type
|
Road
|
Price
|
PSF
|
Area
|
Date
|
|---|---|---|---|---|---|
| Detached Factory/Warehouse |
LORONG TIMUR 5
|
RM 500,000
|
RM 84.00
|
5,974 sqft
|
Mar 2024
|
| Detached Factory/Warehouse |
JLN TIMUR 4
|
RM 750,000
|
RM 125.00
|
5,996 sqft
|
Jul 2023
|
| Detached Factory/Warehouse |
OFF LEBUHRAYA SULTANAH SAMBUNGA
|
RM 1,315,000
|
RM 104.00
|
12,691 sqft
|
Jul 2023
|
| Detached Factory/Warehouse |
JLN TIMOR 4
|
RM 1,450,000
|
RM 95.00
|
15,199 sqft
|
Nov 2022
|
| Detached Factory/Warehouse |
JLN TUNKU ABD RAHMAN
|
RM 1,850,000
|
RM 153.00
|
12,109 sqft
|
Oct 2022
|