MERGONG BARRAGE
Commercial Market
Median Price
RM 1,032,500
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 2023, with a median price of RM 1.03 million and a median price per square foot (PSF) of RM 115.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 1.03 million, with most transactions falling within a stable range of RM 750K to RM 1.32 million, and a typical market range of RM 750K to RM 1.32 million.
Most transactions involved detached factory/warehouse, with minimal variety in property types.
For price per square foot, the median is RM 115, with most transactions between RM 104 and RM 125. The usual range is RM 99.50 to RM 129.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 30.00 and an average deviation (MAD) of RM 11 indicate a highly stable PSF trend across properties.
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.
Filter by type, year, price, and size
Transactions
2 properties grouped by size
| Road | Price | PSF | Size | Date | Type |
|---|
|
JLN TIMUR 4
|
RM 750,000
|
RM 125.00
|
5,996 sqft
|
Jul 2023
|
|
OFF LEBUHRAYA SULTANAH SAMBUNGA
|
RM 1,315,000
|
RM 104.00
|
12,691 sqft
|
Jul 2023
|