Commercial Market
Median Price
RM 698,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Double Storey Shop
45 properties
Median Price
RM 776,500
+6.5% CAGR
Median PSF
RM 556.50
-3.5% CAGR
Terraced Factory
18 properties
Median Price
RM 521,250
-0.5% CAGR
Median PSF
RM 473.75
-0.5% CAGR
3-Storey Storey Shop
14 properties
Median Price
RM 1,700,000
+28.8% CAGR
Median PSF
RM 650.00
-10.3% CAGR
Detached Factory
5 properties
Median Price
RM 1,587,500
+11.7% CAGR
Median PSF
RM 297.75
-3.5% CAGR
Semi-D Factory
1 properties
Median Price
RM 1,650,000
Median PSF
RM 280.00
| Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
|---|---|---|---|---|---|---|
| Double Storey Shop | 45 |
RM 776,500
±74K MAD
|
+6.53% |
RM 556.50
±26 MAD
|
-3.48% | |
| Terraced Factory | 18 |
RM 521,250
±5K MAD
|
-0.47% |
RM 473.75
±4 MAD
|
-0.49% | |
| 3-Storey Storey Shop | 14 |
RM 1,700,000
±125K MAD
|
+28.81% |
RM 650.00
±6 MAD
|
-10.31% | |
| Detached Factory | 5 |
RM 1,587,500
±88K MAD
|
+11.67% |
RM 297.75
±5 MAD
|
-3.47% | |
| Semi-D Factory | 1 |
RM 1,650,000
|
- |
RM 280.00
|
- |
KANGAR JAYA in Perlis, Perlis recorded 37 subsale transactions in 2022, with a median price of RM 698K and a median price per square foot (PSF) of RM 582.
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 460K to RM 985K, and a typical market range of RM 558K to RM 838K.
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 582, though individual units vary from RM 461 to RM 703 in the core range. The broader market spans RM 525.25 to RM 638.75, indicating diverse property characteristics. The spread of RM 113.50 (IQR) and deviation of RM 121 (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.
Filter by type, year, price, and size
Transactions
37 properties grouped by size
| Road | Price | PSF | Size | Date | Type |
|---|
|
JALAN KANGAR JAYA 12
|
RM 503,000
|
RM 468.00
|
1,075 sqft
|
Dec 2022
|
Terraced Factory |
|
JALAN KANGAR JAYA 2
|
RM 520,000
|
RM 474.00
|
1,098 sqft
|
Aug 2022
|
Terraced Factory |
|
JALAN KANGAR JAYA 2
|
RM 530,000
|
RM 483.00
|
1,098 sqft
|
Aug 2022
|
Terraced Factory |
|
JLN KANGAR JAYA 13
|
RM 520,000
|
RM 474.00
|
1,098 sqft
|
May 2022
|
Double Storey Shop |
|
JLN. KANGAR JAYA 13
|
RM 520,000
|
RM 474.00
|
1,098 sqft
|
May 2022
|
Double Storey Shop |
|
JALAN KANGAR JAYA 13
|
RM 550,000
|
RM 500.00
|
1,100 sqft
|
Apr 2022
|
Terraced Factory |
|
JLN KANGAR JAYA 3.
|
RM 950,000
|
RM 792.00
|
1,200 sqft
|
Nov 2022
|
3-Storey Storey Shop |
|
JLN KANGAR JAYA 14
|
RM 970,000
|
RM 808.00
|
1,200 sqft
|
Oct 2022
|
3-Storey Storey Shop |
|
JLN KANGAR JAYA 21
|
RM 718,000
|
RM 598.00
|
1,200 sqft
|
Aug 2022
|
Double Storey Shop |
|
JLN KANGAR JAYA 7
|
RM 718,000
|
RM 598.00
|
1,200 sqft
|
Aug 2022
|
Double Storey Shop |
|
JLN KANGAR JAYA 7 / JLN KANGAR - A/SETAR
|
RM 930,000
|
RM 775.00
|
1,200 sqft
|
Jul 2022
|
Double Storey Shop |
|
JLN KANGAR JAYA 14
|
RM 730,000
|
RM 608.00
|
1,200 sqft
|
Jul 2022
|
Double Storey Shop |
|
JALAN KANGAR JAYA 3
|
RM 1,800,000
|
RM 684.00
|
2,631 sqft
|
Sep 2022
|
|
JALAN KANGAR JAYA 14
|
RM 1,720,000
|
RM 622.00
|
2,767 sqft
|
Aug 2022
|