|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2024 | |||||
|
Jalan Lencongan Barat
|
RM 800,000
|
RM 356
|
2,250 sqft
|
|
2-Sty Shop |
| 2023 | |||||
|
Off Jalan.lencongan Barat
|
RM 650,000
|
RM 289
|
2,250 sqft
|
|
Terrace Factory |
|
Jalan Lencongan Barat
|
RM 400,000
|
RM 178
|
2,250 sqft
|
|
2-Sty Shop |
|
Susuran Tandop
|
RM 1,050,000
|
RM 467
|
2,250 sqft
|
|
2-Sty Shop |
| 2022 | |||||
|
Off Jalan.lencongan Barat
|
RM 550,000
|
RM 244
|
2,250 sqft
|
|
Terrace Factory |
|
Jalan Lencongan Barat
|
RM 925,000
|
RM 411
|
2,250 sqft
|
|
2-Sty Shop |
|
Off Jalan.lencongan Barat
|
RM 670,000
|
RM 298
|
2,250 sqft
|
|
2-Sty Shop |
|
Off Jalan.lencongan Barat
|
RM 540,000
|
RM 240
|
2,250 sqft
|
|
2-Sty Shop |
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Market Snapshot
CommercialRM 660,000
RM 293 psfMedian transaction price
Sri Tandop Industrial Park in Kota Setar, Kedah recorded 8 subsale transactions between 2021 and 2026, sized between 2,225 and 2,274 sqft, with a median price of RM 660K and a median price per square foot (PSF) of RM 293.
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 660K, with most transactions falling within a stable range of RM 459K to RM 861K, and a typical market range of RM 574K to RM 746K.
Most transactions involved 2 - 2 1/2 storey shop, with moderate diversity in property types available.
Price per square foot shows a median of RM 293, though individual units vary from RM 204 to RM 383 in the core range. The broader market spans RM 223.63 to RM 363.13, indicating diverse property characteristics. A wider spread (IQR: RM 139.50) and deviation (MAD: RM 90) indicate significant PSF variations, likely due to diverse property types or conditions.
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.