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 710K to RM 870K, and a typical market range of RM 650K to RM 870K.

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

The median PSF stands at RM 528, with core pricing between RM 448 and RM 608. Market pricing typically extends from RM 292.38 to RM 763.63, reflecting moderate variation in unit pricing. The spread of RM 471.25 (IQR) and deviation of RM 80 (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.

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PEKAN SIMPANG KUALA, Kota Setar, Kedah

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