| Price | PSF | Size | Date | Type |
|---|
|
RM 680,000
|
RM 258
|
2,637 sqft
|
|
2-Sty Shop |
|
RM 800,000
|
RM 185
|
4,316 sqft
|
|
3-Sty Shop |
|
RM 650,000
|
RM 143
|
4,532 sqft
|
|
3-Sty Shop |
|
RM 3,903,000
|
RM 193
|
20,204 sqft
|
|
4-Sty Shop |
|
RM 1,447,000
|
RM 185
|
7,836 sqft
|
|
4-Sty Shop |
|
RM 870,000
|
RM 192
|
4,532 sqft
|
|
3-Sty Shop |
|
RM 775,000
|
RM 294
|
2,637 sqft
|
|
2-Sty Shop |
|
RM 650,000
|
RM 246
|
2,637 sqft
|
|
2-Sty Shop |
|
RM 1,250,000
|
RM 269
|
4,650 sqft
|
|
|
|
RM 1,200,000
|
RM 331
|
3,627 sqft
|
|
|
RM 1,200,000
|
RM 259
|
4,639 sqft
|
|
|
RM 680,000
|
RM 258
|
2,637 sqft
|
|
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Market Snapshot
CommercialRM 800,000
RM 557 psfMedian transaction price
PEKAN SIMPANG KUALA, Simpang Kuala, Bandar Alor Setar, Kota Setar, Kedah, Malaysia
Pekan Simpang Kuala in Kota Setar, Kedah recorded 15 subsale transactions between 2021 and 2026, with a median price of RM 800K 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 800K, with most transactions falling within a stable range of RM 650K to RM 950K, and a typical market range of RM 528K to RM 1.07 million.
Most transactions involved 3 - 3 1/2 storey shop, with moderate diversity in property types available.
Price per square foot shows a median of RM 258, though individual units vary from RM 106 to RM 410 in the core range. The broader market spans RM 22.60 to RM 493.10, indicating diverse property characteristics. A wider spread (IQR: RM 470.50) and deviation (MAD: RM 152) indicate significant PSF variations, likely due to diverse property types or conditions.
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.