Kedah
Kota Setar
Bandar Alor Setar
PEKAN SIMPANG KUALA

PEKAN SIMPANG KUALA

Area Intelligence

2022

Median Price

RM 987,500

PSF: RM 738

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Commercial PSF Trends

Median Price

RM 987,500

RM 738 PSF

PEKAN SIMPANG KUALA in Kota Setar, Kedah recorded 6 subsale transactions in 2022, with a median price of RM 988K and a median price per square foot (PSF) of RM 738.

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 988K, with most transactions falling within a stable range of RM 925K to RM 775K, and a typical market range of RM 709K to RM 775K.

Most transactions involved 2 - 2 1/2 storey shop, with moderate diversity in property types available.

The median PSF stands at RM 738, with core pricing between RM 663 and RM 812. Market pricing typically extends from RM 501.88 to RM 973.13, reflecting moderate variation in unit pricing. With an IQR of RM 471.25 and MAD of RM 75, the PSF demonstrates reasonable consistency across the market.

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.

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PEKAN SIMPANG KUALA, Kota Setar, Kedah

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