Property Type
| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Gangsa
|
RM 400,000
|
RM 191
|
2,099 sqft
|
|
|
Off Jalan Gangsa
|
RM 400,000
|
RM 177
|
2,260 sqft
|
|
|
|
Jalan Gangsa Mergong 2
|
RM 400,000
|
RM 177
|
2,260 sqft
|
|
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Market Snapshot
CommercialRM 400,000
RM 177 psfMedian transaction price
Taman Pelangi (Pumpong) in Kota Setar, Kedah recorded 3 subsale transactions in 2022, with a median price of RM 400K and a median price per square foot (PSF) of RM 177.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
Most transactions involved 2 - 2 1/2 storey shop, though some variety exists in the market.
For price per square foot, the median is RM 177, with most transactions between RM 171 and RM 183. The usual range is RM 129.96 to RM 223.96, showing that most units are priced quite close to each other. With an IQR of RM 94.00 and MAD of RM 6, the PSF demonstrates reasonable consistency across the market.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.