|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2024 | |||||
|
Off Jalan Lencong Barat
|
RM 750,000
|
RM 225
|
3,337 sqft
|
|
2-Sty Shop |
|
Off Jalan Lencongan Barat
|
RM 850,000
|
RM 255
|
3,337 sqft
|
|
2-Sty Shop |
| 2023 | |||||
|
Taman Perindustrian Tandop Utama
|
RM 850,000
|
RM 256
|
3,326 sqft
|
|
Terrace Factory |
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Market Snapshot
CommercialRM 850,000
RM 255 psfMedian transaction price
Sri Tandop Industrial Park in Kota Setar, Kedah recorded 3 subsale transactions between 2021 and 2026, sized between 3,325 and 3,374 sqft, with a median price of RM 850K 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 850K, with most transactions falling within a stable range of RM 803K to RM 850K, and a typical market range of RM 764K to RM 850K.
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 255, with most transactions between RM 240 and RM 269. The usual range is RM 184.98 to RM 324.48, showing that most units are priced quite close to each other. With an IQR of RM 139.50 and MAD of RM 14, 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.