| 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
|
|
|
Off Lebuhraya Sultanah Sambunga
|
RM 1,315,000
|
RM 104
|
12,691 sqft
|
|
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Market Snapshot
CommercialRM 750,000
RM 104 psfMedian transaction price
MERGONG BARRAGE, Mergong, Bandar Alor Setar, 05050, Kota Setar, Kedah, Malaysia
Mergong Barrage in Kota Setar, Kedah recorded 3 subsale transactions between 2021 and 2026, with a median price of RM 750K 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 750K, with most transactions falling within a stable range of RM 500K to RM 1.09 million, and a typical market range of RM 500K to RM 1.10 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 87 and RM 121. 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 17 (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.