TAMAN PERINDUSTRIAN RINGAN KRISTAL in Kota Setar, Kedah recorded 6 subsale transactions in 2022, with a median price of RM 550K and a median price per square foot (PSF) of RM 284.
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 550K, with most transactions falling within a stable range of RM 460K to RM 640K, and a typical market range of RM 456K to RM 644K.
Most transactions involved terraced factory/warehouse, with minimal variety in property types.
The median PSF stands at RM 284, with core pricing between RM 229 and RM 338. Market pricing typically extends from RM 231.88 to RM 335.13, reflecting moderate variation in unit pricing. The spread of RM 103.25 (IQR) and deviation of RM 55 (MAD) suggest moderate price variations reflecting different property features.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.