INDUSTRI RINGAN SIMPANG 4 in Kota Setar, Kedah recorded 2 subsale transactions in 2023, with a median price of RM 375K and a median price per square foot (PSF) of RM 165.
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 375K, with most transactions falling within a stable range of RM 298K to RM 453K, and a typical market range of RM 292K to RM 458K.
Most transactions involved semi-detached factory/warehouse, with moderate diversity in property types available.
The median PSF stands at RM 165, with core pricing between RM 134 and RM 195. Market pricing typically extends from RM 130.75 to RM 198.25, reflecting moderate variation in unit pricing. The spread of RM 67.50 (IQR) and deviation of RM 31 (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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.
