BANDAR LUNAS

Area Intelligence
1 subsale transactions
2023
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Median Price
RM 582,000
PSF: RM 360

Commercial PSF Trends

Median Price

RM 582,000

RM 360 PSF

BANDAR LUNAS in Kulim, Kedah recorded 1 subsale transactions in 2023, with a median price of RM 582K and a median price per square foot (PSF) of RM 360.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

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 360, with most transactions between RM 360 and RM 360. The usual range is RM 274.75 to RM 445.25, showing that most units are priced quite close to each other. With an IQR of RM 170.50 and MAD of RM 0, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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BANDAR LUNAS, Kulim, Kedah

OSM

Transactions

1 transactions grouped by size

Price Range

Clear

Size Range (sqft)

Clear
1,600 sqft
Double Storey Shop
RM 582,000
JALAN RAYA PEKAN LUNAS
1,615 sqft · RM 360.00 PSF
Jul 2023