CAYMAN INDUSTRIAL PARK

CAYMAN INDUSTRIAL PARK in Kulim, Kedah recorded 8 subsale transactions in 2022, with a median price of RM 389K and a median price per square foot (PSF) of RM 156.

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 389K, with most transactions falling within a stable range of RM 230K to RM 768K, and a typical market range of RM 320K to RM 458K.

Most transactions involved 2 - 2 1/2 storey shop, with minimal variety in property types.

Price per square foot shows a median of RM 156, though individual units vary from RM 95 to RM 217 in the core range. The broader market spans RM 122.00 to RM 190.00, indicating diverse property characteristics. A wider spread (IQR: RM 68.00) and deviation (MAD: RM 61) indicate significant PSF variations, likely due to diverse property types or conditions.

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.