Area Intelligence

KANGAR JAYA

14 properties
3-Storey Storey Shop
Median Price
RM 1,250,000
PSF: RM 716

Commercial Market

Median Price

RM 1,250,000

IQR: RM 98
MAD: RM 45
RM 716 PSF 3.5%

PSF Trends (2021-2025)

KANGAR JAYA in Perlis, Perlis recorded 14 3-Storey Storey Shop properties subsale transactions between 2021 and 2025 for 3-storey storey shop properties, with a median price of RM 1.25 million and a median price per square foot (PSF) of RM 716.

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 1.25 million, with most transactions falling within a stable range of RM 950K to RM 1.72 million, and a typical market range of RM 1.11 million to RM 1.39 million.

Within the 3-Storey Storey Shop category, 2 - 2 1/2 storey shop dominated the market, with high diversity across multiple property types.

The median PSF stands at RM 716, with core pricing between RM 613 and RM 819. Market pricing typically extends from RM 659.25 to RM 772.75, reflecting moderate variation in unit pricing. With an IQR of RM 113.50 and MAD of RM 103, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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KANGAR JAYA, Perlis, Perlis

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Transactions

14 properties grouped by size

1,200 sqft 5 units 3-Storey Storey Shop
RM 950,000 - 1,100,000 PSF: RM 848
Road Price PSF Size Date
JLN KANGAR JAYA 3.
RM 950,000
RM 792.00
1,200 sqft
Nov 2022
JLN KANGAR JAYA 14
RM 970,000
RM 808.00
1,200 sqft
Oct 2022
JLN. KANGAR JAYA 14
RM 1,100,000
RM 917.00
1,200 sqft
May 2022
JLN. KANGAR JAYA 21
RM 1,100,000
RM 917.00
1,200 sqft
May 2022
JLN KANGAR JAYA 14
RM 970,000
RM 808.00
1,200 sqft
Mar 2022
1,600 sqft 2 units 3-Storey Storey Shop
RM 1,200,000 PSF: RM 749
Road Price PSF Size Date
OFF JLN KANGAR - ALOR SETAR
RM 1,200,000
RM 750.00
1,600 sqft
Oct 2023
JLN KANGAR JAYA
RM 1,200,000
RM 748.00
1,604 sqft
Jun 2023
2,000 sqft 1 units 3-Storey Storey Shop
RM 1,300,000 PSF: RM 656
Road Price PSF Size Date
JALAN KANGAR JAYA 21
RM 1,300,000
RM 656.00
1,981 sqft
Jan 2024
2,650 sqft 1 units 3-Storey Storey Shop
RM 1,800,000 PSF: RM 684
Road Price PSF Size Date
JALAN KANGAR JAYA 3
RM 1,800,000
RM 684.00
2,631 sqft
Sep 2022
2,750 sqft 1 units 3-Storey Storey Shop
RM 1,720,000 PSF: RM 622
Road Price PSF Size Date
JALAN KANGAR JAYA 14
RM 1,720,000
RM 622.00
2,767 sqft
Aug 2022
2,800 sqft 1 units 3-Storey Storey Shop
RM 1,750,000 PSF: RM 625
Road Price PSF Size Date
JLN KANGAR JAYA 3
RM 1,750,000
RM 625.00
2,800 sqft
Oct 2023
2,850 sqft 1 units 3-Storey Storey Shop
RM 1,700,000 PSF: RM 598
Road Price PSF Size Date
JALAN KANGAR JAYA 14
RM 1,700,000
RM 598.00
2,842 sqft
May 2023
3,650 sqft 2 units 3-Storey Storey Shop
RM 2,350,000 PSF: RM 644
Road Price PSF Size Date
JLN KANGAR JAYA
RM 2,350,000
RM 644.00
3,647 sqft
Jan 2024
JALAN KANGAR-ALOR SETAR
RM 2,350,000
RM 644.00
3,647 sqft
Oct 2023