CAYMAN INDUSTRIAL PARK

CAYMAN INDUSTRIAL PARK in Kulim, Kedah recorded 36 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 255K and a median price per square foot (PSF) of RM 145.

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 255K, with most transactions falling within a stable range of RM 180K to RM 346K, and a typical market range of RM 186K to RM 324K.

Within the Double Storey Shop category, 2 - 2 1/2 storey shop dominated the market, with minimal variety in property types.

Price per square foot shows a median of RM 145, though individual units vary from RM 95 to RM 194 in the core range. The broader market spans RM 110.50 to RM 178.50, indicating diverse property characteristics. A wider spread (IQR: RM 68.00) and deviation (MAD: RM 49) 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. Moderate transaction volume may require patience when buying or selling.