SRI TANDOP INDUSTRIAL PARK in Kota Setar, Kedah recorded 12 subsale transactions in 2022, with a median price of RM 669K and a median price per square foot (PSF) of RM 512.
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 669K, with most transactions falling within a stable range of RM 612K to RM 727K, and a typical market range of RM 583K to RM 755K.
Most transactions involved 2 - 2 1/2 storey shop, with moderate diversity in property types available.
The median PSF stands at RM 512, with core pricing between RM 433 and RM 592. Market pricing typically extends from RM 442.25 to RM 581.75, reflecting moderate variation in unit pricing. The spread of RM 139.50 (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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.
