Pekan Simpang Kuala in Kota Setar, Kedah recorded 4 subsale transactions in 2024, with a median price of RM790K and a median price per square foot (PSF) of RM189.

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 RM790K, with most transactions falling within a stable range of RM710K to RM870K, and a typical market range of RM650K to RM870K.

Most transactions involved 3 - 3 1/2 storey shop, with moderate diversity in property types available.

Price per square foot shows a median of RM189, though individual units vary from RM133 to RM245 in the core range. The broader market spans RM0.00 to RM423.91, indicating diverse property characteristics. A wider spread (IQR: RM470.50) and deviation (MAD: RM56) 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. Limited transaction history suggests carefully evaluating comparable sales data.