LAGUNA MERBOK BUSINESS PARK
Commercial Market
Median Price
RM 1,235,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Service Apartment
18 properties
Median Price
RM 506,750
-7.6% CAGR
Median PSF
RM 870.50
-10.8% CAGR
Condo/Apartment
1 properties
Median Price
RM 1,927,000
Median PSF
RM 1,041.00
Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
---|---|---|---|---|---|---|
Service Apartment | 18 |
RM 506,750
±85K MAD
|
-7.56% |
RM 870.50
±173 MAD
|
-10.78% | |
Condo/Apartment | 1 |
RM 1,927,000
|
- |
RM 1,041.00
|
- |
LAGUNA MERBOK BUSINESS PARK in Kuala Muda, Kedah recorded 2 subsale transactions between 2021 and 2025, with a median price of RM 1.24 million and a median price per square foot (PSF) of RM 713.
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 1.24 million, with most transactions falling within a stable range of RM 950K to RM 1.52 million, and a typical market range of RM 1.09 million to RM 1.38 million.
Most transactions involved 3 - 3 1/2 storey shop, with minimal variety in property types.
For price per square foot, the median is RM 713, with most transactions between RM 679 and RM 747. The usual range is RM 696.00 to RM 730.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 34.00 and an average deviation (MAD) of RM 34 indicate a highly stable PSF trend across properties.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.
Filter by type, year, price, and size
Transactions
2 properties grouped by size
Road | Price | PSF | Size | Date | Type |
---|
LORONG BLM 1/3
|
RM 950,000
|
RM 679.00
|
1,400 sqft
|
Mar 2023
|
LORONG BLM 6/2
|
RM 1,520,000
|
RM 747.00
|
2,034 sqft
|
Oct 2024
|