BANYAN AVENUE

Area Intelligence
2023
Median Price
RM 370,000
PSF: RM 283

Commercial PSF Trends

Median Price

RM 370,000

RM 283 PSF

BANYAN AVENUE in Kuala Muda, Kedah recorded 13 subsale transactions in 2023, with a median price of RM 370K and a median price per square foot (PSF) of RM 283.

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 370K, with most transactions falling within a stable range of RM 350K to RM 537K, and a typical market range of RM 350K to RM 542K.

Most transactions involved 2 - 2 1/2 storey shop, though some variety exists in the market.

For price per square foot, the median is RM 283, with most transactions between RM 274 and RM 292. The usual range is RM 276.25 to RM 289.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 13.50 and an average deviation (MAD) of RM 9 indicate a highly stable PSF trend across properties.

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.

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BANYAN AVENUE, Kuala Muda, Kedah

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Transactions

13 transactions grouped by size

1,300 sqft
Double Storey Shop
RM 350,000
OFF JALAN LENCONGAN TIMUR
1,302 sqft · RM 269 PSF
RM 350,000
OFF JALAN LENCONGAN TIMUR
1,302 sqft · RM 269 PSF
RM 370,000
OFF JALAN LENCONGAN TIMUR
1,302 sqft · RM 284 PSF
RM 350,000
OFF JALAN LENCONGAN TIMUR
1,302 sqft · RM 269 PSF
RM 370,000
OFF JALAN LENCONGAN TIMUR
1,302 sqft · RM 284 PSF
RM 370,000
OFF JALAN LENCONGAN TIMUR
1,302 sqft · RM 284 PSF
RM 397,000
OFF JALAN LENCONGAN TIMUR
1,302 sqft · RM 305 PSF
RM 370,000
OFF JALAN LENCONGAN TIMUR
1,302 sqft · RM 284 PSF
2,550 sqft
RM 700,000
OFF JALAN LENCONGAN TIMUR
2,540 sqft · RM 276 PSF
RM 695,000
OFF JALAN LENCONGAN TIMUR
2,530 sqft · RM 275 PSF
RM 720,000
OFF JALAN LENCONGAN TIMUR
2,540 sqft · RM 283 PSF
RM 700,000
OFF JALAN LENCONGAN TIMUR
2,540 sqft · RM 276 PSF
RM 720,000
OFF JALAN LENCONGAN TIMUR
2,540 sqft · RM 283 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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