RIVER FRONT CITY

RIVER FRONT CITY in Kuala Muda, Kedah recorded 3 subsale transactions in 2024, with a median price of RM 720K and a median price per square foot (PSF) of RM 514.

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 720K, with most transactions falling within a stable range of RM 684K to RM 730K, and a typical market range of RM 680K to RM 730K.

Most transactions involved 3 - 3 1/2 storey shop, though some variety exists in the market.

For price per square foot, the median is RM 514, with most transactions between RM 489 and RM 539. The usual range is RM 482.00 to RM 546.00, showing that most units are priced quite close to each other. With an IQR of RM 64.00 and MAD of RM 25, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.