| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Bakar Arang
|
RM 360,000
|
RM 159
|
2,261 sqft
|
|
|
|
Jalan Bakar Aeranag
|
RM 300,000
|
RM 133
|
2,250 sqft
|
|
|
Jalan Bakar Arang
|
RM 330,000
|
RM 135
|
2,442 sqft
|
|
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Market Snapshot
CommercialRM 330,000
RM 135 psfMedian transaction price
Pecahan Lot 199 (SP) in Kuala Muda, Kedah recorded 3 subsale transactions in 2022, with a median price of RM 330K and a median price per square foot (PSF) of RM 135.
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 330K, with most transactions falling within a stable range of RM 306K to RM 354K, and a typical market range of RM 310K to RM 350K.
Most transactions involved semi-detached factory/warehouse, though some variety exists in the market.
For price per square foot, the median is RM 135, with most transactions between RM 123 and RM 147. The usual range is RM 123.13 to RM 147.13, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 24.00 and an average deviation (MAD) of RM 12 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.