PUSAT DAGANGAN KELANA MAS in Langkawi, Kedah recorded 1 subsale transactions in 2022, with a median price of RM 56K and a median price per square foot (PSF) of RM 559.
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 56K, with most transactions falling within a stable range of RM 41K to RM 71K, and a typical market range of RM -3,250 to RM 115K.
Most transactions involved 2 - 2 1/2 storey shop, though some variety exists in the market.
The median PSF stands at RM 559, with core pricing between RM 489 and RM 629. Market pricing typically extends from RM 510.75 to RM 607.25, reflecting moderate variation in unit pricing. With an IQR of RM 96.50 and MAD of RM 70, 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.