| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Alor Setar - Spg 4
|
RM 370,000
|
RM 123
|
3,003 sqft
|
|
|
|
Taman. Industrial. Ringan Spg 4
|
RM 380,000
|
RM 127
|
3,003 sqft
|
|
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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 125.
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 370K to RM 380K, and a typical market range of RM 370K to RM 380K.
Most transactions involved semi-detached factory/warehouse, though some variety exists in the market.
For price per square foot, the median is RM 125, with most transactions between RM 123 and RM 127. The usual range is RM 96.87 to RM 152.87, showing that most units are priced quite close to each other. With an IQR of RM 56.00 and MAD of RM 2, the PSF demonstrates reasonable consistency across the market.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.