PKN JITRA FASA 2 & 3

PKN JITRA FASA 2 & 3 in Kubang Pasu, Kedah recorded 2 subsale transactions in 2023, with a median price of RM 584K and a median price per square foot (PSF) of RM 417.

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 584K, with most transactions falling within a stable range of RM 523K to RM 645K, and a typical market range of RM 520K to RM 648K.

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

For price per square foot, the median is RM 417, with most transactions between RM 382 and RM 453. The usual range is RM 382.63 to RM 451.38, showing that most units are priced quite close to each other. With an IQR of RM 68.75 and MAD of RM 36, the PSF demonstrates reasonable consistency across the market.

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.