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Market Snapshot
CommercialRM 400,000
RM 335 psfMedian transaction price
Taman Pelangi (Pumpong) in Kota Setar, Kedah recorded 0 subsale transactions in 2024, with a median price of RM 400K and a median price per square foot (PSF) of RM 335.
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 400K, with most transactions falling within a stable range of RM 387K to RM 413K, and a typical market range of RM 392K to RM 408K.
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 335, with most transactions between RM 324 and RM 346. The usual range is RM 288.00 to RM 382.00, 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.