MERGONG BARRAGE
Commercial Market
Median Price
RM 1,650,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Double Storey Terraced
33 properties
Median Price
RM 300,000
+7.0% CAGR
Median PSF
RM 223.00
+4.6% CAGR
Single 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-Storey Storey Shop
8 properties
Median Price
RM 877,500
+0.1% CAGR
Median PSF
RM 573.00
+0.2% CAGR
Double Storey Shop
3 properties
Median Price
RM 480,000
Median PSF
RM 308.00
Double Storey Semi-D
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 | Median Price | Price CAGR | Median PSF | PSF CAGR | |
|---|---|---|---|---|---|---|
| Double Storey Terraced | 33 |
RM 300,000
±5K MAD
|
+7.01% |
RM 223.00
±7 MAD
|
+4.59% | |
| Single Storey Terraced | 20 |
RM 187,500
±13K MAD
|
-1.21% |
RM 150.00
±7 MAD
|
+2.72% | |
| Low-Cost House | 10 |
RM 190,000
|
- |
RM 210.00
±1 MAD
|
- | |
| 3-Storey Storey Shop | 8 |
RM 877,500
±25K MAD
|
+0.14% |
RM 573.00
±54 MAD
|
+0.16% | |
| Double Storey Shop | 3 |
RM 480,000
|
- |
RM 308.00
|
- | |
| Double Storey Semi-D | 1 |
RM 490,000
|
- |
RM 175.00
|
- | |
| Detached | 1 |
RM 1,100,000
|
- |
RM 140.00
|
- |
MERGONG BARRAGE in Kota Setar, Kedah recorded 2 subsale transactions in 2022, with a median price of RM 1.65 million and a median price per square foot (PSF) of RM 124.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 1.65 million, with most transactions falling within a stable range of RM 1.45 million to RM 1.85 million, and a typical market range of RM 1.45 million to RM 1.85 million.
Most transactions involved detached factory/warehouse, with minimal variety in property types.
Price per square foot shows a median of RM 124, though individual units vary from RM 95 to RM 153 in the core range. The broader market spans RM 109.00 to RM 139.00, indicating diverse property characteristics. The spread of RM 30.00 (IQR) and deviation of RM 29 (MAD) suggest moderate price variations reflecting different property features.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.
Filter by type, year, price, and size
Transactions
2 properties grouped by size
| Road | Price | PSF | Size | Date | Type |
|---|
|
JLN TUNKU ABD RAHMAN
|
RM 1,850,000
|
RM 153.00
|
12,109 sqft
|
Oct 2022
|
|
JLN TIMOR 4
|
RM 1,450,000
|
RM 95.00
|
15,199 sqft
|
Nov 2022
|