KANGAR JAYA

KANGAR JAYA in Perlis, Perlis recorded 5 subsale transactions in 2021, with a median price of RM 698K and a median price per square foot (PSF) of RM 590.

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 698K, with most transactions falling within a stable range of RM 599K to RM 708K, and a typical market range of RM 558K to RM 708K.

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

The median PSF stands at RM 590, with core pricing between RM 524 and RM 656. Market pricing typically extends from RM 533.25 to RM 646.75, reflecting moderate variation in unit pricing. With an IQR of RM 113.50 and MAD of RM 66, 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.