INDUSTRI RINGAN SIMPANG 4

Area Intelligence
2022
Median Price
RM 600,000
PSF: RM 65

Commercial PSF Trends

Median Price

RM 600,000

RM 65 PSF

INDUSTRI RINGAN SIMPANG 4 in Kota Setar, Kedah recorded 1 subsale transactions in 2022, with a median price of RM 600K and a median price per square foot (PSF) of RM 65.

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 600K, with most transactions falling within a stable range of RM 523K to RM 678K, and a typical market range of RM 517K to RM 683K.

Most transactions involved semi-detached factory/warehouse, with moderate diversity in property types available.

Price per square foot shows a median of RM 65, though individual units vary from RM 35 to RM 96 in the core range. The broader market spans RM 31.25 to RM 98.75, indicating diverse property characteristics. A wider spread (IQR: RM 67.50) and deviation (MAD: RM 31) indicate significant PSF variations, likely due to diverse property types or conditions.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.

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INDUSTRI RINGAN SIMPANG 4, Kota Setar, Kedah

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