SUNGAI PASIR INDUSTRIAL PARK in Kuala Muda, Kedah recorded 2 subsale transactions in 2023, with a median price of RM 270K and a median price per square foot (PSF) of RM 121.
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 270K, with most transactions falling within a stable range of RM -220,000 to RM 760K, and a typical market range of RM -170,000 to RM 710K.
Most transactions involved semi-detached factory/warehouse, though some variety exists in the market.
Price per square foot shows a median of RM 121, though individual units vary from RM 96 to RM 146 in the core range. The broader market spans RM 101.10 to RM 140.10, indicating diverse property characteristics. The spread of RM 39.00 (IQR) and deviation of RM 25 (MAD) suggest moderate price variations reflecting different property features.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.
