SRI TANDOP INDUSTRIAL PARK in Kota Setar, Kedah recorded 11 subsale transactions in 2023, with a median price of RM 850K and a median price per square foot (PSF) of RM 416.
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 793K to RM 908K, and a typical market range of RM 764K to RM 936K.
Most transactions involved 2 - 2 1/2 storey shop, with moderate diversity in property types available.
The median PSF stands at RM 416, with core pricing between RM 337 and RM 496. Market pricing typically extends from RM 346.25 to RM 485.75, 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.
