Area Intelligence

KANGAR JAYA

14 properties
3-Storey Storey Shop
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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
JLN KANGAR JAYA 3.
1,200 sqft · RM 792.00 PSF
Nov 2022
RM 970,000
JLN KANGAR JAYA 14
1,200 sqft · RM 808.00 PSF
Oct 2022
RM 1,100,000
JLN. KANGAR JAYA 14
1,200 sqft · RM 917.00 PSF
May 2022
RM 1,100,000
JLN. KANGAR JAYA 21
1,200 sqft · RM 917.00 PSF
May 2022
RM 970,000
JLN KANGAR JAYA 14
1,200 sqft · RM 808.00 PSF
Mar 2022
1,600 sqft
2 units 3-Storey Storey Shop
RM 1,200,000
OFF JLN KANGAR - ALOR SETAR
1,600 sqft · RM 750.00 PSF
Oct 2023
RM 1,200,000
JLN KANGAR JAYA
1,604 sqft · RM 748.00 PSF
Jun 2023
2,000 sqft
1 units 3-Storey Storey Shop
RM 1,300,000
JALAN KANGAR JAYA 21
1,981 sqft · RM 656.00 PSF
Jan 2024
2,650 sqft
1 units 3-Storey Storey Shop
RM 1,800,000
JALAN KANGAR JAYA 3
2,631 sqft · RM 684.00 PSF
Sep 2022
2,750 sqft
1 units 3-Storey Storey Shop
RM 1,720,000
JALAN KANGAR JAYA 14
2,767 sqft · RM 622.00 PSF
Aug 2022
2,800 sqft
1 units 3-Storey Storey Shop
RM 1,750,000
JLN KANGAR JAYA 3
2,800 sqft · RM 625.00 PSF
Oct 2023
2,850 sqft
1 units 3-Storey Storey Shop
RM 1,700,000
JALAN KANGAR JAYA 14
2,842 sqft · RM 598.00 PSF
May 2023
3,650 sqft
2 units 3-Storey Storey Shop
RM 2,350,000
JLN KANGAR JAYA
3,647 sqft · RM 644.00 PSF
Jan 2024
RM 2,350,000
JALAN KANGAR-ALOR SETAR
3,647 sqft · RM 644.00 PSF
Oct 2023