| Road | Price | PSF | Size | Date | Type |
|---|
|
Cayman Industrial Park
|
RM 250,000
|
RM 101
|
2,465 sqft
|
|
|
|
Cayman Industrial Park
|
RM 240,000
|
RM 97
|
2,465 sqft
|
|
|
|
Cayman Industrial Park
|
RM 260,000
|
RM 105
|
2,465 sqft
|
|
|
|
Cayman Industrial Park
|
RM 240,000
|
RM 97
|
2,465 sqft
|
|
|
|
Cayman Industrial Park
|
RM 380,000
|
RM 154
|
2,465 sqft
|
|
|
|
Cayman Industrial Park
|
RM 210,000
|
RM 85
|
2,465 sqft
|
|
|
Cayman Park
|
RM 1,520,000
|
RM 114
|
13,347 sqft
|
|
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Market Snapshot
CommercialRM 250,000
RM 101 psfMedian transaction price
Cayman Industrial Park in Kulim, Kedah recorded 20 subsale transactions in 2023, with a median price of RM 250K and a median price per square foot (PSF) of RM 101.
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 250K, with most transactions falling within a stable range of RM 180K to RM 529K, and a typical market range of RM 183K to RM 318K.
Most transactions involved 2 - 2 1/2 storey shop, with minimal variety in property types.
Price per square foot shows a median of RM 101, though individual units vary from RM 74 to RM 129 in the core range. The broader market spans RM 67.42 to RM 135.42, indicating diverse property characteristics. A wider spread (IQR: RM 68.00) and deviation (MAD: RM 28) 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.