Property Type
| Road | Price | PSF | Size | Date | Type |
|---|
|
Off Jalan Gangsa
|
RM 413,000
|
RM 183
|
2,260 sqft
|
|
|
Jalan Zamrud 3
|
RM 420,000
|
RM 161
|
2,616 sqft
|
|
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Market Snapshot
CommercialRM 413,000
RM 183 psfMedian transaction price
Taman Pelangi (Pumpong) in Kota Setar, Kedah recorded 2 subsale transactions in 2023, with a median price of RM 417K and a median price per square foot (PSF) of RM 172.
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 417K, with most transactions falling within a stable range of RM 413K to RM 420K, and a typical market range of RM 413K to RM 420K.
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 172, with most transactions between RM 161 and RM 183. The usual range is RM 124.64 to RM 218.64, showing that most units are priced quite close to each other. With an IQR of RM 94.00 and MAD of RM 11, 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.