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 329K to RM 449K, and a typical market range of RM 322K to RM 457K.

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

The median PSF stands at RM 156, with core pricing between RM 128 and RM 184. Market pricing typically extends from RM 122.00 to RM 190.00, reflecting moderate variation in unit pricing. The spread of RM 68.00 (IQR) and deviation of RM 28 (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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.