CAYMAN INDUSTRIAL PARK in Kulim, Kedah recorded 9 subsale transactions in 2024, with a median price of RM 350K and a median price per square foot (PSF) of RM 198.
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 350K, with most transactions falling within a stable range of RM 263K to RM 437K, and a typical market range of RM 283K to RM 418K.
Most transactions involved 2 - 2 1/2 storey shop, with minimal variety in property types.
Price per square foot shows a median of RM 198, though individual units vary from RM 149 to RM 247 in the core range. The broader market spans RM 164.00 to RM 232.00, indicating diverse property characteristics. The spread of RM 68.00 (IQR) and deviation of RM 49 (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.
