Commercial Market
Median Price
RM 850,000
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 12 subsale transactions in 2024, 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 515K to RM 1.38 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 415 to RM 645 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 115 (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. Limited transaction history suggests carefully evaluating comparable sales data.
Filter by type, year, price, and size
Transactions
12 properties grouped by size
| Road | Price | PSF | Size | Date | Type |
|---|
|
JLN KANGAR JAYA 12
|
RM 515,000
|
RM 468.00
|
1,100 sqft
|
Aug 2024
|
|
|
JALAN KANGAR JAYA 12
|
RM 530,000
|
RM 482.00
|
1,100 sqft
|
Mar 2024
|
|
JLN KANGAR JAYA 5
|
RM 780,000
|
RM 650.00
|
1,200 sqft
|
May 2024
|
|
JLN KANGAR JAYA 14
|
RM 850,000
|
RM 531.00
|
1,600 sqft
|
Mar 2024
|
|
|
JALAN KANGAR - ALOR SETAR
|
RM 850,000
|
RM 530.00
|
1,604 sqft
|
Jan 2024
|
|
|
JLN KANGAR JAYA 13
|
RM 850,000
|
RM 530.00
|
1,604 sqft
|
Jan 2024
|
|
|
JLN KANGAR JAYA 14
|
RM 850,000
|
RM 530.00
|
1,604 sqft
|
Jan 2024
|
|
|
JLN KANGAR JAYA 14
|
RM 850,000
|
RM 531.00
|
1,600 sqft
|
Jan 2024
|
|
JALAN KANGAR JAYA 21
|
RM 1,300,000
|
RM 656.00
|
1,981 sqft
|
Jan 2024
|
|
JLN KANGAR JAYA
|
RM 2,350,000
|
RM 644.00
|
3,647 sqft
|
Jan 2024
|
|
KANGAR JAYA
|
RM 1,500,000
|
RM 303.00
|
4,951 sqft
|
Mar 2024
|
|
KANGAR JAYA
|
RM 1,850,000
|
RM 282.00
|
6,555 sqft
|
Feb 2024
|