Kedah
Kota Setar
Bandar Alor Setar
PLAZA GUNUNG INDAH

PLAZA GUNUNG INDAH

Area Intelligence

2024

Median Price

RM 560,000

PSF: RM 255

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PLAZA GUNUNG INDAH in Kota Setar, Kedah recorded 2 subsale transactions in 2024, with a median price of RM 560K and a median price per square foot (PSF) of RM 255.

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 560K, with most transactions falling within a stable range of RM 520K to RM 600K, and a typical market range of RM 520K to RM 600K.

Most transactions involved 2 - 2 1/2 storey shop, with minimal variety in property types.

For price per square foot, the median is RM 255, with most transactions between RM 237 and RM 273. The usual range is RM 209.03 to RM 301.03, showing that most units are priced quite close to each other. With an IQR of RM 92.00 and MAD of RM 18, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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PLAZA GUNUNG INDAH, Kota Setar, Kedah

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