Kedah
Kota Setar
Bandar Alor Setar
PEKAN SIMPANG KUALA

PEKAN SIMPANG KUALA

Area Intelligence

2024

Median Price

RM 790,000

PSF: RM 528

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Commercial PSF Trends

Median Price

RM 790,000

RM 528 PSF

PEKAN SIMPANG KUALA in Kota Setar, Kedah recorded 4 subsale transactions in 2024, with a median price of RM 790K and a median price per square foot (PSF) of RM 528.

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 780K to RM 829K, and a typical market range of RM 780K to RM 870K.

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

For price per square foot, the median is RM 528, with most transactions between RM 478 and RM 578. The usual range is RM 292.38 to RM 763.63, showing that most units are priced quite close to each other. With an IQR of RM 471.25 and MAD of RM 50, 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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