CAYMAN INDUSTRIAL PARK

CAYMAN INDUSTRIAL PARK in Kulim, Kedah recorded 1 subsale transactions in 2022, with a median price of RM 1.45 million and a median price per square foot (PSF) of RM 120.

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 1.45 million, with most transactions falling within a stable range of RM 1.39 million to RM 1.51 million, and a typical market range of RM 1.38 million to RM 1.52 million.

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

Price per square foot shows a median of RM 120, though individual units vary from RM 92 to RM 148 in the core range. The broader market spans RM 86.00 to RM 154.00, indicating diverse property characteristics. The spread of RM 68.00 (IQR) and deviation of RM 28 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.