RIVER FRONT CITY

RIVER FRONT CITY in Kuala Muda, Kedah recorded 2 subsale transactions in 2022, with a median price of RM 755K and a median price per square foot (PSF) of RM 396.

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 755K, with most transactions falling within a stable range of RM 630K to RM 880K, and a typical market range of RM 715K to RM 795K.

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

The median PSF stands at RM 396, with core pricing between RM 342 and RM 450. Market pricing typically extends from RM 364.00 to RM 428.00, reflecting moderate variation in unit pricing. With an IQR of RM 64.00 and MAD of RM 54, 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.