SRI TANDOP INDUSTRIAL PARK

SRI TANDOP INDUSTRIAL PARK in Kota Setar, Kedah recorded 6 subsale transactions in 2023, priced between RM 500K and RM 1.00 million, with a median price of RM 664K and a median price per square foot (PSF) of RM 286.

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 664K, with most transactions falling within a stable range of RM 638K to RM 795K, and a typical market range of RM 638K to RM 750K.

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 286, though individual units vary from RM 229 to RM 343 in the core range. The broader market spans RM 216.04 to RM 355.54, indicating diverse property characteristics. The spread of RM 139.50 (IQR) and deviation of RM 57 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.