| Road | Price | PSF | Size | Date | Type |
|---|
|
Lorong Blm 1/8
|
RM 340,000
|
RM 272
|
1,249 sqft
|
|
|
Lorong Blm 1/7
|
RM 546,000
|
RM 282
|
1,938 sqft
|
|
|
Lorong Blm 1/1
|
RM 600,000
|
RM 229
|
2,616 sqft
|
|
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Auction Properties
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Market Snapshot
CommercialRM 546,000
RM 272 psfMedian transaction price
BANDAR LAGUNA MERBOK, Bandar Sungai Petani, 08100, Kuala Muda, Kedah, Malaysia
Bandar Laguna Merbok in Kuala Muda, Kedah recorded 3 subsale transactions in 2023, with a median price of RM 546K and a median price per square foot (PSF) of RM 272.
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 546K, with most transactions falling within a stable range of RM 434K to RM 600K, and a typical market range of RM 465K to RM 600K.
Most transactions involved 2 - 2 1/2 storey shop, with minimal variety in property types.
For price per square foot, the median is RM 272, with most transactions between RM 250 and RM 295. The usual range is RM 231.80 to RM 312.80, showing that most units are priced quite close to each other. With an IQR of RM 81.00 and MAD of RM 23, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.