| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Psk 1
|
RM 680,000
|
RM 258
|
2,637 sqft
|
|
|
|
Off Jalan Pekan Simpang Kuala
|
RM 680,000
|
RM 258
|
2,637 sqft
|
|
|
|
Jalan Psk 2
|
RM 780,000
|
RM 296
|
2,637 sqft
|
|
|
Jalan Psk 1
|
RM 800,000
|
RM 185
|
4,316 sqft
|
|
|
Jalan Alor Mengkudu/Spg Kuala
|
RM 870,000
|
RM 192
|
4,532 sqft
|
|
|
Lebuhraya Sultan Abdul Halim
|
RM 1,200,000
|
RM 259
|
4,639 sqft
|
|
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Market Snapshot
CommercialRM 790,000
RM 258 psfMedian transaction price
PEKAN SIMPANG KUALA, Simpang Kuala, Bandar Alor Setar, Kota Setar, Kedah, Malaysia
Pekan Simpang Kuala in Kota Setar, Kedah recorded 6 subsale transactions between 2021 and 2026, with a median price of RM 790K and a median price per square foot (PSF) of RM 258.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 790K, with most transactions falling within a stable range of RM 680K to RM 966K, and a typical market range of RM 680K to RM 1.06 million.
Most transactions involved 3 - 3 1/2 storey shop, with moderate diversity in property types available.
The median PSF stands at RM 258, with core pricing between RM 218 and RM 297. Market pricing typically extends from RM 22.60 to RM 493.10, reflecting moderate variation in unit pricing. The spread of RM 470.50 (IQR) and deviation of RM 40 (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.