KANGAR JAYA

KANGAR JAYA in Perlis, Perlis recorded 28 subsale transactions in 2023, with a median price of RM 850K and a median price per square foot (PSF) of RM 530.

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 850K, with most transactions falling within a stable range of RM 480K to RM 1.32 million, and a typical market range of RM 710K to RM 990K.

Most transactions involved 2 - 2 1/2 storey shop, with high diversity across multiple property types.

Price per square foot shows a median of RM 530, though individual units vary from RM 421 to RM 639 in the core range. The broader market spans RM 473.25 to RM 586.75, indicating diverse property characteristics. The spread of RM 113.50 (IQR) and deviation of RM 109 (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. Moderate transaction volume may require patience when buying or selling.