| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Pusat Niaga Banyan 2
|
RM 350,000
|
RM 301
|
1,163 sqft
|
|
|
|
Off Jalan Lencongan Timur
|
RM 700,000
|
RM 602
|
1,163 sqft
|
|
|
|
Off Jalan Lencongan Timur
|
RM 695,000
|
RM 598
|
1,163 sqft
|
|
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Banyan Avenue in Kuala Muda, Kedah recorded 3 Single Storey Shop properties subsale transactions between 2021 and 2026, with a median price of RM 695K and a median price per square foot (PSF) of RM 598.
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 695K, with most transactions falling within a stable range of RM 531K to RM 700K, and a typical market range of RM 523K to RM 700K.
Within the Single Storey Shop category, 2 - 2 1/2 storey shop dominated the market, though some variety exists in the market.
Price per square foot shows a median of RM 598, though individual units vary from RM 457 to RM 739 in the core range. The broader market spans RM 591.10 to RM 604.60, indicating diverse property characteristics. The spread of RM 13.50 (IQR) and deviation of RM 141 (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.